Mumbai: The benchmark BSE Sensex advanced in the early session on Friday on buying by domestic institutional investors (DIIs) amid mixed Asian cues. Major gainers that lifted the key indices included L&T, Tata Steel, Coal India, Cipla, HDFC Bank, ITC Ltd, Hindustan Unilever, HDFC Ltd, Hero MotoCorp, ONGC, Lupin, TCS and Reliance Industries, rising up to 1.28%.

Brokers said persistent buying by DIIs and selective buying by other participants amid a mixed trend at other Asian bourses influenced sentiments here. DIIs bought shares worth Rs245.32 crore but foreign funds remained net sellers, dumping shares worth Rs564 crore on Thursday, according to provisional figures.

Hong Kong’s Hang Seng was up 0.59% in early trade, China Shanghai Composite Index added 0.38%, while Japan’s Nikkei shed 0.38%. The US Dow Jones Industrial Average ended 0.10% lower on Thursday. Here are the latest updates from the markets:

■ 11:41am: Biocon shares rise over 5% after the company said its Malaysian arm Biocon Sdn Bhd has received compliance certificate from the Health Products Regulatory Authority of Ireland for its insulin manufacturing facility.

■ 11.13am: BSE Sensex trades higher by 32 points, or 0.10%, to 31,695, while the Nifty 50 edges up by 13 points, or 0.13%, to 9,943.

■ 11.10am: Dr Reddy’s Laboratories Ltd drops 5% after the company said in a notice to BSE that its Duvvada Plant got six major observation from German drug regulator. Other pharma stocks also fell. Glenmark Pharma is down 3.4%, Cadila Healthcare Ltd 2.5%, Sun Pharmaceuticals Industries Ltd 2.2%, Lupin Ltd 1.5%.

■ 11.05am: L&T Finance Holdings Ltd fell 1.2% to Rs203.85. Brokerage firm Kotak Securities has cut its rating to sell on the stock from reduce.

■ 10:40am: BSE Sensex trades higher by 47 points, or 0.15% , to 31,710, while the Nifty 50 rises by 23 points, or 0.23%, to 9,952.

■ 10.35am: The S&P BSE capital goods index surges 1.68%, the S&P BSE metal index rises 1.13% and the S&P BSE industries index adds 1.03%.

■ 10.03am: Future group stocks extend there gains. Future Consumer rose 7%, Future Enterprises Ltd 9%, Future Lifestyle Fashions Ltd 2.1% and Future Retail is up 1%.

■ 9.50am: CCL Products India Ltd rises 11% to Rs313.55 after the Reserve Bank of India (RBI) approved foreign institutional investors to hold up to 40% stake in the in the company, up from 24% allowed earlier.

■ 9.32am: BSE Sensex trades higher by 64 points, or 0.20%, to 31,726, while the Nifty 50 rises 30 points, or 0.30%, to 9,960.

■ 9.27am: Biocon Ltd rises 3.9% to Rs348.15 after the company said its insulin facility in Malaysia received EU GMP compliance certificate.

■ 9.25am: GTPL Hathway Ltd is up 2.33% at Rs131.65 after its foreign institutional investor limit was hiked to 49% from 24%.

■ 9.20am: Punj Lloyd Ltd adds 5.5% to Rs24 after the company said it got a Rs870 crore order for canal work in Maharashtra.

■ 9.15am: The rupee opens at 63.84 a dollar and touched a high of 63.84 — a level last seen on 9 August. At 9.15am, the rupee was trading at 63.87 a dollar, up 0.28% from its Thursday’s close of 64.05

■ 9.12am: The 10-year bond yield is at 6.498% compared to its previous close of 6.515%. Bond yields and prices move in opposite directions.

■ 9.10am: Malaysian ringgit was up 0.67%, China renminbi 0.57%, Indonesian rupiah 0.54%, China offshore 0.51%, South Korean won 0.3%, Philippines peso 0.29%, Japanese yen 0.27%, Taiwan dollar 0.26%, Singapore dollar 0.16%, Hong Kong dollar 0.12% and Thai baht rose 0.11%.

Source:livemint.com