The stock market has opened on a level. The BSE Sensex is up 10.99 points at 28309.12 and the NSE Nifty is down 13.30 points at 8575.35. About 486 shares have advanced, 258 shares declined, and 80 shares are unchanged.
Vedanta, Sun Pharma, Tata Steel, ONGC and Tata Motors are top gainers in the Sensex while ITC, Dr Reddy's Labs, Infosys, SBI and ITC are among slow progressors.
The Indian rupee opened flat at 63.76 per dollar against previous close of 63.77.
Oil prices looked set to continue a multi-week decline in Asian trade on Friday on concerns over a global oversupply of crude and mixed prospects for energy demand.
Free Intraday Tips Today
Sell Reliance Infrastructure with a stop loss at Rs 439 and target of Rs 405
Buy Canara Bank with a stop loss at Rs 304.50 and target of Rs 326
MCX Commodity Tips Today
Sell Crude oil MCX @ August: 2880, Target 2830-2790, SL 2920
Sell MCX Gold @ October: 24850, Target 24650, SL 25000