DAILY EQUITY

INDIAN FACE

INDIAN EQUITY BENCHMARK rose nearly 1.5 percent on 
Friday after domestic institutional investors turned buyers on 
Thursday after a selling streak of at least 12 days, sparking a 
rally in blue-chips. Traders and investors were in high spirits 
ahead of the second quarter GDP and fiscal deficit for Apr-Oct 
which is scheduled to be released later in the day.

Further, Today’s rally was led by the banking sector; both 
private as well as the PSU banks participated in the upswing.

While Shares of Jubilant Life Sciences surged over 9% to close 
at Rs138 after the company received approval from the US 
health regulator to market generic version AstraZeneca's 
Seroquel used for the treatment of schizophrenia. 

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