Ways2Capital Morning Updates : Sensex Gives Up Huge Chunk Of Gains, Nifty Holds 11,000

Equity benchmarks could look to continue with its momentum from Thursday as pre-opening rates indicate a strong start to the indices. The Sensex could open around 100 points higher, while the Nifty is likely to hold 11,000-mark.

At 09:02 hrs IST, the Sensex is up 79.62 points or 0.22% at 36628.03, while the Nifty Index up 43.80 points or 0.40% at 11067.00.

HCL Technologies is likely to open higher after the firm announced Rs 4,000-crore buyback, but one could watch out for profit booking as well, while Fortis Healthcare could be higher by 2 percent after IHH emerged as top bidder to buy the firm.

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