Markets open strong, indices moving up

Sensex adds 400 points to 75,070, Nifty drops 135 points

Mumbai:  Benchmark indices opened strong on Friday with BSE Sensex rising 400 points to 75,070 and the NSE Nifty50 shedding 135 points to 22,783.

Bajaj Finance, Bajaj Finserv, Tata Steel, Tata Motors, M&M, Reliance,ICICI Bank, NTPC, RIL, led the gains on the Sensex, while Powegrid, Bharti Airtel and Tech Mahindra were trading in red. 

On other hand, ONGC, BPCL and Bajaj Auto were among top gainers on NSE Nifty 50 while Coal India and Heromotocorp were among the top losers.

The broader markets opened strong with both the BSE MidCap and SmallCap indices gaining 0.54 and 0.29 per cent respectively.
Nifty Financial Sevices, Nifty Realty, Nifty Oil and Gas, Nifty Bank and Nifty Metal lead the sectoral gains on NSE.