Equity benchmark indices opened higher on Thursday tracking strong global cues, expiry of January F&O series contracts, and ahead of the interim budget on Friday.
The Sensex rose 193 points to 35,785, while Nifty rose 41 points to 10,692. The market breadth was positive with 968 shares advancing, 550 shares declining, and 517 remaining unchanged.
Tech Mahindra, GAIL, ICICI Bank, SBI, and RIL are trading higher on the NSE, while Zee, Bajaj Finance, Bajaj Finserv, Indiabulls HF, and Yes Bank are trading lower.
Shares of ICICI Bank extended gains for the third consecutive session and rose 2% post Q3 numbers. The bank has reported a net profit of Rs1,605cr in Q3FY19, (though the net profit is below consensus estimates by 11%, considering other parameters like asset quality and NII growth, the results are strong), as against Rs1,650cr yoy.