Mumbai, Sep 10
The Indian benchmark indices opened higher on Wednesday, on the back of promising developments in the US-India trade discussions along with strong overnight global cues.
US President Donald Trump’s initiative to improve India-US relations and Prime Minister Narendra Modi’s positive response to the same is a positive cue for the Indian market.
The Sensex was up 334 points or 0.41 per cent at 81,435 in the early morning trade, and the Nifty was up 106 points or 0.43 per cent at 24,975.
The broadcap indices made strong gains, as Nifty Midcap 100 inched up by 0.73 per cent, and the Nifty Small cap 100 moved up 0.71 per cent.
In the Nifty pack, Larsen and Toubro, Kotak Mahindra, Dr Reddys Labs and TCS were the major gainers. The major losers were Hero Motocorp, Maruti Suzuki, Tata Steel and Hindalco.