Indices trade higher, Nifty holds 11,050; ICICI Bank, Tata Steel up 3%
Benchmark indices opened higher with the Sensex rising 100.44 points to 37,371.26 and the Nifty50 climbing 27.80 points to 11,063.50.
Stocks in the news:
Dr Reddy's Labs, Titan, L&T Finance, SBI Life, Reliance Nippon, Alkem Labs, Khadim
The Indian rupee opened higher at 71.43 against the US dollar, up 22 paise compared to Wednesday's close of 71.65.
Gold Prices Fall
Gold prices dipped as hopes for a thaw in the US-China trade tensions lifted risk appetite, while some investors booked profits ahead of a meeting by the European Central Bank.
US gold futures fell 0.1 percent to $1,501.70 per ounce.