Nifty opens at 8650, Sensex up over 100 pts; banks rise

The market has opened higher reacting positively to the minutes of Federal Reserve. The Sensex is up 125.97 points or 0.4 percent at 28131.34, and the Nifty is up 33.05 points or 0.4 percent at 8657.10. About 550 shares have advanced, 175 shares declined, and 24 shares are unchanged.

Dr Reddy’s Labs, Adani Ports, Axis Bank, ICICI Bank and SBI are gainers while Wipro, GAIL, Coal India, L&T and Bajaj Auto are losers in the Sensex.

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Posted in: Indian Market Tips