Sensex Opens 150 Points Higher, Nifty Above 11,650; Godrej Properties Up 5%

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Indian stock markets opened higher on Friday with Sensex up over 200 points in early trade while Nifty reclaimed 11,650. Asian markets were mostly higher today on hopes of a US-China trade deal. China and the United States claimed progress in talks to end their trade war, with US President Donald Trump talking up prospects for a “monumental” agreement that may still be some weeks away.

Read moreSensex Opens 150 Points Higher, Nifty Above 11,650; Godrej Properties Up 5%

Sensex Hits 39,000 for First time, Nifty Surges Above 11,700

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Indian markets extended gains today, hitting new milestones. The Sensex jumped over 350 points to hit 39,000 for the first time, overtaking its earlier all-time high of 38,989, hit in August last year. The broader Nifty also advanced to 11,715, less than 50 points away from its all-time high of 11,760. This week marks the beginning of a new financial year and all eyes are set on the Lok Sabha elections scheduled to be held in seven phases, beginning April 11. The BSE Sensex had surged 8% in March on the back of $6.5 billion year-to-date inflows from foreign institutional investors.

Read moreSensex Hits 39,000 for First time, Nifty Surges Above 11,700

Sensex Up Over 250 Points; SBI, Tata Motors Among Top Gainers

Indian equity benchmarks rose after inflation cooled down to 17-month low led by gains in Reliance Industries, HDFC Bank, State Bank of India and ITC amid positive Asian cues. The S&P BSE Sensex advanced 0.6 percent or 206 points to 35,985 and the NSE Nifty 50 Index climbed 0.7 percent or 73 points to 10,810.

Read moreSensex Up Over 250 Points; SBI, Tata Motors Among Top Gainers