The Indian benchmark indices opened higher on Friday amid positive Asian cues, as buying was seen in the PSU bank, IT and auto sectors in the early trade.
At around 9.25 am, Sensex was trading 228.15 points or 0.28 per cent up at 81,590.02 while the Nifty added 55.10 point or 0.22 per cent at 24,848.35
Nifty Bank was up 102.35 points or 0.18 per cent at 55,679.80 The Nifty Midcap 100 index was trading at 57,143.10 after dropping 16.85 points or 0.03 per cent. Nifty Smallcap 100 index was at 17,950.60 after declining 62.50 points or 0.35 per cent.
According to analysts, Nifty, which has been trading within the 24,500-25,000 range for about a month now, is likely to remain within this range in the near term. The upper side of the range will be broken only on news of de-escalation of the Israel-Iran conflict or an abrupt end to the war.