Indices edged higher in early trade; breadth weak.
Mumbai, Oct. 30 -- The key equity indices traded marginally higher in early trade on Friday, supported by a slight improvement in investor sentiment amid optimism surrounding corporate earnings. The Nifty traded above the 22,950 mark, although gains remained limited as investors awaited further cues. Market participants remained focused on the September quarter results of Reliance Industries and Jio Platforms, which were scheduled to be announced later in the day.
Consumer durable, metal and FMCG shares declined while IT, pharma and PSU Bank shares advanced.
At 09:25 IST, the barometer index, the S&P BSE Sensex advanced 5.51 points or 0.01% to 74,181. The Nifty 50 index rose 17.55 points or 0.08% to 22,960.20.
In the broader market, th...
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