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The Dow Jones Industrial Average rose 86.78 points, or 0.26 per cent, at the open to 33,930.70.

In the international market, gold was trading marginally lower at $1,752 per ounce and silver was flat at $22.16 per ounce.

The 10-year tenure bonds with a 5-year call option had a base issue size of Rs 1,000 crore and carries a coupon rate of 7.14 per cent.

Paras Defence & Space Technologies’ listing today has breathed new life into the market and just in time, too, as big wigs such as Paytm, PolicyBazaar and Nykaa prepare themselves to hit the IPO market over the coming months.

Along with increased stainless-steel production, depleting inventories across exchanges hinted at potential tightness in the global Nickel market.

The CR was at 0.63 in the corresponding period last year. This gauge is even better than the first six months of the fiscal year 2020, which had pegged at 1.05. CR below 1 indicates the deteriorating financial health of the corporate sector.

RRVL, a unit of Reliance Industries, agreed to buy the retail assets of Future Group on a slump-sale basis for about Rs 25,000 crore, it was announced in August last year, with a long-stop timeline of March 31 this year. It was extended by another six months in April earlier which ended on Thursday.

The Nifty Auto index closed 0.01 per cent down at 10596.95.

Nifty50 formed a bearish candle on the weekly scale, but continued to form its sequence of higher lows of since last nine weeks. Now it has to hold multiple support of 17 550-17,580 zones for a rise towards 17,777 and 17,850 levels, whereas support is seen at 17,450 and 17,350 levels.

The weakness in Nifty50 was largely due to selling in bank and financial services stocks. Profit booking in realty names also did not help the cause.