Sensex opens over 100 points higher; Nifty nears 10,900

Equity benchmarks have begun the day on a strong note, with the Sensex conquering 36,000-mark in the opening tick, while the Nifty is just short of 10,900.

Shares of Reliance Industries, ONGC, Adani Ports, Bajaj Auto were trading up by more than 1% each. In the Nifty, Shares of HCL Tech, Hindalco and ONGC gained by more than 1% each. 

The domestic stock markets continued the strong momentum gained yesterday, tracking positive global cues and ahead of Tata Consultancy Services (TCS) Q1 earnings later in the day.

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Last month, its peers Tata Consultancy Services also announced a mega Rs 16,000 crore share buyback while Infosys completed its Rs 13,000-crore share buyback last year.