The rally at bourses continued during early hours on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged.
At 10:15 am, the BSE S&P Sensex was up by 372 points or 0.74 percent at 50,986 while the Nifty 50 edged higher by 84 points or 0.57 percent to 14,980.
Sectoral indices at the National Stock Exchange were mixed with Nifty PSU bank jumping by 6.2 percent and financial service by 1.6 percent. But Nifty auto, FMCG, IT, metal, and pharma were in the red.
Among stocks, government-owned State Bank of India moved up by 12.7 percent to Rs 400.25 per share. Kotak Mahindra Bank ticked up by 2.4 percent, Axis Bank by 2 percent, HDFC Bank and IndusInd Bank by 1.5 percent each.
The other major gainers were housing loan major HDFC, ONGC, Titan, and Britannia.
However, Bharti Airtel dipped by 2.6 percent to Rs 585 per share and Tata Motors skidded by 2.3 percent. JSW Steel, Maruti Suzuki, Mahindra & Mahindra, Hero MotoCorp, and Eicher Motors too traded with a negative bias.
Meanwhile, Asian shares were in the green with Japan’s Nikkei gaining by 1.4 percent. Hong Kong’s Hang Seng index was up by 0.52 percent and South Korea’s Kospi by 0.28 percent.
