Markets open in green; Sensex rises over 100 points, Nifty goes beyond 11,500-mark

Markets open in green; Sensex rises over 100 points, Nifty goes beyond 11,500-mark

BSE Sensex

Domestic stock markets on Friday opened on a positive note with BSE Sensex rising for the ninth straight session. Sensex rose over 119 points in early trade Friday led by gains in banking, metal and auto stocks amid sustained foreign fund inflow.

NSE Nifty, on the other hand, hovered above 11,500-mark at 11,549.20 in opening trade today. It previously closed at 11,521.05 on Wednesday.

Sensex on Wednesday continued its upward journey for the eighth consecutive session and ended marginally higher following gains in Infosys, HDFC twins and L&T amid uninterrupted capital inflows by foreign funds.

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The 30-share index began the session on a firm note at 38,433.86 and hit the session's high of 38,489.81 on steady inflow of buying by foreign funds as well as retail investors, news agency PTI reported.

The broader NSE Nifty, however, ended 11.35 points, or 0.10 per cent, lower at 11,521.05 after shuttling between 11,556.10 and 11,503.10 during the session on expiry of March series derivative contracts.

Markets remained closed on Thursday on account of the festival of Holi.