Sensex rises; Reliance Industries hits 9-1/2-year high on Jio, results

Stay tuned here for latest updates on of Indian markets, including BSE Sensex, NSE Nifty, Indian rupee and MCX gold.​

Sensex and Nifty rebounded with moderate gains in opening trade on Friday. The momentum was maintained due to sound earnings performance by Reliance Industries (up 1.8 percent) and Wipro (up 5 percent) on Thursday.

21 July 2017

15:45 IST

Sensex rallies 124.49 pts to end at 32,028.89; Nifty gains 41.95 pts to close at 9,915.25.

14:07 IST

Equity benchmarks erased morning gains, with the Sensex down 5.90 points at 31,898.50 and the Nifty down 7.40 points at 9,865.90.

11:45 IST

Reliance stocks rally 3 percent, as company launches intelligent smartphone under Jio brand.

10:42 IST

The stock of RIL, a market heavyweight, soared 2.03 percent, to Rs 1,559.75, in early trade after the company yesterday reported its highest quarterly consolidated net profit of Rs 9,108 crore in three months to June on the back of higher petrochemical margins and one-time gain from sale of African asset.

10:00 IST

Spot gold rose 0.1 percent to $1,245.01 per ounce at 0401 GMT after touching a three-week high of $1,247.48 an ounce in the previous session. It is up about 1.4 percent for the week so far. 
U.S. gold futures for August delivery fell 0.1 percent to $1,244.70 per ounce.

09:52 IST

The rupee strengthened 8 paise to 64.35 against the dollar today on heightened selling of the US currency by exporters and banks, with stronger domestic stocks providing support.
The dollar hit a nearly two-year low against the euro after the head of the European Central Bank said tapering of its stimulus will be on the table this autumn.

09:45 IST

Sensex was up 51.64 points at 31,956.04 and the 50-share NSE Nifty gained 11.80 points at 9,885.10.