Market Live: Nifty reclaims 9600 in opening, Sensex higher after Modi-Trump meet
Equity benchmarks started off truncated week on a positive note, with the Nifty reclaiming 9600 level after a meeting between US President Donald Trump and Prime Minister Narendra Modi in the US.
The 30-share BSE Sensex was up 56.47 points at 31,194.68 and the 50-share NSE Nifty rose 26.40 points to 9,601.35.
ITC, HDFC, HDFC Bank, Adani Ports, HUL and Asian Paints were early gainers while SBI, ICICI Bank, Axis Bank, Infosys and Tata Motors were under pressure.
About five shares advanced for every share falling on the BSE.
Jaiprakash Associates and Jaypee Infra rallied 10-20 percent. Sterlite Technologies, United Spirits, Max Financial, NOCIL and Videocon Industries gained 2-5 percent while REC, PFC, Union Bank, PNB, Canara Bank and Apollo Tyres fell 1-2 percent.
The Indian rupee opened marginally higher at 64.48 per dollar against 64.52 Friday.