Indian markets are expected to trade in a range on Friday tracking muted trend seen in other Asian markets.
The S&P BSE Sensex managed to rally over 100 points in trade on Friday, despite mixed trend seen in other Asian markets. The rally was led by gains in RIL, ICICI Bank, HDFC Bank and HDFC on the BSE Sensex.
The 50-share index was trading at 6736, up 40 points or 0.60 per cent. It touched a high of 6,737 and a low of 6,709.95 in early trade today.
Asian shares were subdued and the dollar held modest gains against the yen in early trade on Friday as markets held their breath ahead of the U.S. payrolls report later in the session -which could show the economy shaking off a severe winter.
Key Factors to Watch
Key Factors to Watch
•India to sell 160 billion rupees of bonds on
•India's manufacturing PMI data.
•Indian automakers continue to report April sales.
•India's foreign reserves and bank lending data
•Reliance Communications earnings
•India's manufacturing PMI data.
•Indian automakers continue to report April sales.
•India's foreign reserves and bank lending data
•Reliance Communications earnings
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