Sensex opens marginally higher, Nifty nears 11,500

Top Stories

»	EU, US trade deals to support exports over medium-term: RBI Governor
»	Ensuring energy security of 1.4 billion Indians remains govt's supreme priority: MEA
»	After Budget and India-US trade deal, all eyes on RBI’s repo rate decision
»	US tariffs on Indian goods among lowest after trade deal
»	Indian rupee trades over 1 pc higher after US trade deal

SME Times News Bureau | 17 Oct, 2019
Healthy inflow of Foreign Institutional Investment and supportive global markets aided the Indian market to start in the green on Thursday.

The benchmark Sensex opened at 38,647.44, higher from its previous close of 38,598.99.

At 9.58 a.m., the Sensex was up 49.50 points at 38,648.49 while the Nifty50 traded 6 points higher at 11,470.05.

"Going ahead we expect the broader market would witness catch up exercise and outperform the benchmarks in coming sessions, as Nifty has already rallied (400 points) over past six session," said ICICI Securities.

However growth worries continue to cap gains. IMF had cut India's GDP growth estimate for India to 6.1 per cent from 7 per cent projected earlier.