Sensex, Nifty start on a positive note

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Benchmark indices Sensex and Nifty started on a positive note on Thursday amid weak Asian markets hit by US-China trade tension. Investors are cautious ahead of the expiry of May futures and options (F&O) contracts, traders said.

After rising over 100 points in opening session, the BSE Sensex was trading 94 points, or 0.24 per cent, higher at 39,596.05. Similarly, the broader NSE Nifty rose 15 points, or 0.13 per cent, to 11,876.10.

Top gainers in the Sensex pack include Bharti Airtel, Asian Paints, RIL, NTPC, Bajaj Auto, Coal India, TCS, PowerGrid, Tata Motors, and ITC, rising up to 2 percent. On the other hand, Sun Pharma, Tata Steel, HDFC, M&M, Vedanta, ONGC, Maruti, and ICICI Bank were among the losers in the index, shedding up to 1.29 percent.

The Indian rupee rose 0.18 per cent to 69.705 against the dollar.

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