Sensex, Nifty open higher as falling crude, easing geopolitical tension boost market sentiment
New Delhi, May 7 -- Indian markets continued their green streak at the opening bell on Thursday, aided by falling crude oil prices, improved global risk sentiment, hopes of easing geopolitical tensions, and strong domestic liquidity absorption by DIIs.
Domestic benchmarks traded with modest gains during the early session. The SENSEX stood at 78,033.90 points, marking an increase of 75.38 points or 0.10 per cent. Simultaneously, the NSE NIFTY 50 reached 24,383.55 points, climbing 52.60 points or 0.22 per cent.
The positive start followed a significant surge in the previous session, where the market reclaimed higher levels.
Rajesh Palviya, Head of Research, Axis Direct, said, "From a technical perspective, yesterday's candle marked a dec...
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