Sensex opens marginally higher, Nifty nears 11,500

Top Stories

»	PM Modi inaugurates ESTIC 2025, launches Rs one lakh crore RDI Scheme Fund
»	FM Sitharaman embarks on Bhutan visit to deepen economic, developmental cooperation
»	Trump, Xi agree on one-year rare earth supply deal amid easing trade tensions
»	Adding more women in STEM sectors imperative for Viksit Bharat vision
»	US Fed rate cut clear signal for RBI to follow suit in next MPC: Experts

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.