Indian markets extend previous session's gains - ICICIdirect

Domestic markets extended the previous session's gains and ended higher supported by the rupee strengthening, positive global cues and investors looking to invest in beaten down but fundamentally strong stocks. Capital goods, Bankex and oil & gas were among top gainers while realty recorded losses.

US markets moved higher in the trading session on Friday as investors reacted positively to a report showing a more-thanexpected drop in new home sales in July. The data eased concerns about the Fed rolling back its stimulus programme.

Source : Equity Bulls

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