Benchmark indices Sensex and Nifty opened higher on Friday, led by gains in IT stocks after Tech Mahindra reported a strong rise in June-quarter profit. Positive momentum in technology shares outweighed weakness in select heavyweight stocks during early trade
Tech Mahindra shares rose over 3 per cent after the company reported a 28.4 per cent increase in consolidated net profit for the June quarter. The IT firm also expressed confidence in sustaining growth, backed by a strong order book and robust demand
