Equity benchmark indices opened higher on Monday following positive global cues. The market sentiment was boosted after US President Donald Trump outlined the first phase of a deal to end the trade war with China and suspended a proposed tariff hike, though officials on both sides said much more work needed to be done.
The Sensex was up 61 points at 38,188 and the Nifty is up 32 points at 11,337. About 846 shares have advanced, 620 shares declined, and 597 shares are unchanged.
Tata Motors,, Vedanta, and Sun Pharma were among the top gainers, while Infosys, ZEEL, and UPL were the top losers.
Shares of Avenue Supermarts slipped 1% despite reporting a rise of 47.54% yoy in net profit to Rs322.63cr in Q2FY20.
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