The stock market trading Sensex BSE index declined 5.83 points to 28879.38 and the Nifty up 2.05 points at 8780.35.
IndusInd Bank today entered into an agreement with Royal Bank of Scotland NV to acquire its diamond and jewellery financing business in India and related deposit portfolio said in press release.
RBI may cut the rate in June around 50bps.
Top Gainers - Reliance, Idea Cellular, Sesa Sterlite, NMDC, IDFC, SBI and Dr Reddy's Labs
Top Losers - Cipla, Hindalco, HDFC Bank, HDFC, ICICI Bank, Lupin and Tech Mahindra
Gold prices were minimal changed on Friday, as growing expectations for a close term U.S. rate trek kept on weighing on the precious metal.
Gold future plunged in front of the arrival of the Federal Reserve's minutes from its March meeting later in U.S. after trading.
Crude oil price facilitated on Friday as investors looked ahead to U.S apparatus number information to top the week. On the NYMEX, WTI crude oil for May conveyance dropped 0.10% to 50.74 a barrel.
BUY GOLD At 26700.00 T1- 26730.00, T2- 26760.00, T3- 26790.00 with SL- 26610.00