Rajesh Palviya of Axis Sec suggests Paytm, Anand Rathi, Nykaa shares to buy today
New Delhi, July 10 -- Indian benchmark indices opened higher on Friday, supported by strong gains in information technology stocks after Tata Consultancy Services (TCS) reported better-than-expected June-quarter revenue. Softer crude oil prices and easing concerns over a broader escalation in the US-Iran conflict also lifted investor sentiment.
At around 9:15 IST, the Nifty 50 advanced 0.68% to 24,124.70, while the BSE Sensex climbed 0.85% to 77,395.63.
The Nifty IT index emerged as the top sectoral gainer, rising 2.1%, led by a 3% rally in TCS after the country's largest IT services company surpassed quarterly revenue estimates, aided by stronger demand from banking clients and the benefit of a weaker rupee.
Market breadth remained po...
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