How the Markets opened today

The Nifty had a modestly positive start in early Friday trade with blue chips such as Lupin, Bosch and BHEL leading the way ahead of Sunday's referendum on whether debt-ridden Greece will stay in the European Union or not.

Nifty's Advance-Decline Ratio stood at 41:9 with Kotak Mahindra, Bajaj Auto and Mahindra and Mahindra being thick in action. Meanwhile, on the Sensex, Cipla, Sun Pharma and Larsen and Toubro showed modest gains.

And the wider Advance-Decline Ratio on the Bombay Stock Exchange stood at 3:1, indicating that Bulls were in control of the first half-hour session of trade.

Stocks in action:

Lupin jumped 2.1 percent to `1,910 rupees after the pharma giant entered the Russian medicines market by purchasing Biocom. Lupin said the purchase was strategic to the company.

Kotak Mahindra Bank rose 1.6 percent to `1,457 rupees ahead of the FIPB meet which may decide on raising the FII limit in the bank to 55% from 49% now.

Bharti gained 0.3% to 434.70 rupees after it sold some of its tower units in 5 African nations to mop up $1.3 billion.

(Image credit: Indiatimes)