Tata Consumer Products, Titan, Eicher Motors, HUL, Tata Motors, Maruti, M&M, Nestle India, HDFC, L&T, and BPCL topped the charts, rising over 2 per cent each. Metal and IT stocks, including Tata Steel, HCL Tech, Wipro, and JSW Steel continued to lag, down up to 2.6 per cent.
In the broader market, the BSE MidCap index added 0.85 per cent, driven by IDBI Bank, TVS Motors, BEL, Cummins India, and Cholamandalam Finance. The BSE SmallCap index, too, gained 0.5 per cent.
European stocks were higher on Friday morning, paring some of this week’s losses after weaker-than-expected data from China fueled fears of a global economic downturn. The pan-European Stoxx 600 index rose 1 per cent during morning deals, with most sectors and major bourses in positive territory.
On Wall Street, US stock futures rose around 0.2 per cent each, following a disappointing start to the second-quarter earnings season on Thursday.
Earlier in Asia, Japan’s Nikkei advanced 0.54 per cent, South Korea’s Kospi 0.4 per cent, but China’s CSI300 slipped around 2 per cent.