INSUBCONTINENT EXCLUSIVE:
Indian stock markets opened on a positive note on the week's last session on fresh buying by investors as the July derivatives contracts
started on a strong note amid recovery in the rupee, reported Press Trust of India
At 10.27 am, BSE Sensex was higher by 208 points, or 0.59 percent, to trade at 35,246
NSE's Nifty rose 64 points to trade at 10,653
Brokers said building up of bets following the beginning of the July futures and options (FO) series coupled with a firming trend at other
Asian markets and overnight gains at Wall Street influenced trading sentiment here
Besides, the rupee recovering from its record low and easing crude oil prices supported the recovery, they added, PTI reported.The top
Mahindra Mahindra (0.9 percent) and IndusInd Bank (1.11 percent).On Thursday, INR hit its all-time lowon rising crude oil prices and other
battle with rupee's decline.Asian share markets rallied from nine-month lows on Friday, after China eased foreign investment limits, but
underlying sentiment was dampened by worries over trade frictions a week before initial U.S
and Chinese tariffs were set to take effect.MSCI's broadest index of Asia-Pacific shares outside Japan was 1 percent higher, while
Australian shares were flat.Japan's Nikkei stock index was down 0.3 percent, and South Korea's KOSPI was down slightly.After falling to
fresh two-year lows on Thursday, shares in China rebounded Friday
While analysts said the jump reflected technical factors, it was helped by news that Beijing would ease foreign investment curbs on sectors
including banking, automobiles, heavy industry and agriculture.
