The market has opened in the green with the BSE Sensex trading above 35,000 at 35,021 points and the NSE Nifty trading above 10,700 at 10,705 points.
HDFC, ahead of its Q4 earnings, has advanced in the opening indicating positive quarterly results. Along with HDFC, tech stocks are also gaining.
Axis Bank, which was the index top gainer on Friday, is now among the major losers. Reliance Industries is pulling down the market post its meet-with-estimates quarterly earnings.
The US market closed flat on Friday with the Nasdaq slipping after the tech shares lost steam. The Nasdaq though closed flat ended with a positive bias. The Dow Jones slipped 0.05% to close at 24,311 points.
HDFC, Kotak Mahindra Bank, CEAT, among others will declare their quarterly results today.