Mumbai/IBNS, Jan. 16 -- The Indian stock market on Friday soared in the first hour after the opening bell, rebounding from a dull run in the previous sessions, media reports said.
The market rally was driven primarily by a recovery in IT stocks along with select banking and auto shares, which had witnessed losses in consecutive sessions.
Around 10:30 am, Infosys Ltd., Tech Mahindra Ltd., M&M, HCL Tech, Bajaj Finserv and Bajaj Finance were among the top gainers. Titan, Maruti, ITC and ICICI Bank figured among the top losers in the first hour of trading.
Meanwhile, Cipla shares slipped 5 percent after the company's key drug Lanreotide Injection was temporarily halted.
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