INSUBCONTINENT EXCLUSIVE:
The Sensex edged higher amid choppy trade,
a day after official data showed GDP growth rose to 7.7 per cent in January-March quarter
BSE benchmark index Sensex and the NSE Nifty had started Friday's session on a flat note but soon rose as much as 110 points after
see-sawing between mild gains and losses
The Nifty rose 23 points to trade above the 10,750 mark
Advances in the indices were led by banking, IT, pharma and auto stocks, with ICICI Bank shares rising nearly 4 per cent
50-scrip index Nifty were trading in the positive zone
with gains of between 1.2 per cent and 3.6 per cent.GDP or gross domestic product growth accelerated to 7.7 per cent in the March quarter -
the fastest pace of growth in seven quarters
full year (2017-18), GDP expanded at 6.7 per cent, lower than the 7.1 per cent recorded in the previous year.Asian equities shook off
However, the index was still down roughly 0.6 per cent for a week in which it touched a six-week low on concerns about political
from Canada, Mexico and the European Union.(With agency inputs)
