9.25 AM: It is a strong start for the Indian indices on the last day of the week

It is a strong start for the Indian indices on the last day of the week with Nifty around 11,400 level.

The Sensex is up 165.79 points at 37920.68, while Nifty is up 51.10 points at 11394.40. About 528 shares have advanced, 171 shares declined, and 33 shares are unchanged.

Tech Mahindra, Indiabulls Housing, Gail, Eicher Motors, Dr Reddy’s Lab, Kotak Mahindra, JSW Steel are the gainers on the indices, while losers led by Coal India, Bajaj Auro and UltraTEch Cement.

Among the sectors, auto, IT, energy, bank, infra and pharma indices are witnessing buying, while FMCG and metal stocks are under pressure.

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