Sensex and Nifty started at a higher note in early trade
Sensex and Nifty started at a higher note in early trade
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On Thursday's session, Domestic stock markets started on a higher note amid cautious trade, while Asian peers held near four-and-a-half-month highs. The Sensex rose as much as 95 points to touch 35,851 in early trade, while the Nifty hit 10,755, up 19 points from the previous close. The benchmark indexes swung in narrow range between gains and losses in first few minutes of trade.

also read BSE Sensex zoomed 404 points while the NSE Nifty reclaimed the 10,700 mark

At morning, the Sensex was up 74 points at 35,830 and the Nifty at 10,752, up 17 points from the previous close. Thirty six stocks on the 50-scrip benchmark index traded with gains. Top percentage advancers were Indiabulls Housing Finance, ICICI Bank, GAIL, Sun Pharma and UltraTech Cement, trading between 1.3 per cent and 1.9 per cent higher. Equities in other Asian markets were steady near four-and-a-half-month highs after Federal Reserve minutes affirmed the US central bank would be "patient" on interest rate rises. Risk assets got a lift from hopes of further progress in US-China trade talks.

also read Petrol and Diesel prices remained unchanged across the major cities

However, MSCI's broadest index of Asia-Pacific shares outside Japan was steady in early trade, hovering just off its highest since early October. Japan's Nikkei was down 0.3 per cent after closing at a two-month high during the previous session. On Wednesday, both benchmark indexes snapped their longest losing streak of 2019 paced by gains in metal, IT and banking stocks. The Nifty climbed 1.2 per cent while the Sensex finished 1.1 per cent higher for the day.

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