Opening bell: Market indices off to positive start

Mumbai (Maharashtra): Market indices began trading on a positive note on Monday morning, following positive cues both on the domestic and global fronts.

The BSE’s Sensex opened 179.79 points higher at 35,623.46, while Nifty surpassed the 10,800 mark, trading at 10,825.35.

Among sectoral indices, the Nifty public sector unit (PSU) bank index gained around 1.5 percent.

Top gainers include Dr. Reddy’s Labs, Adani Ports, Bajaj Finance and HCL Tech, while ICICI Bank, HUL, and Axis Bank incurred losses.

In the backdrop of the G7 summit held over the weekend, Asian markets traded cautiously, with United States President Donald Trump proposed a withdrawal of trade tariffs imposed on Canada and the European Union.

Meanwhile, the Indian rupee opened four paise higher at Rs.67.46 per US dollar. (ANI)