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Sensex gains 100 pts, Nifty over 24,400 amid India-Pak tension

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Indian benchmark equity indices Sensex and Nifty opened higher for the second consecutive day on Thursday, defying escalating tensions with Pakistan and concerns raised by the U.S. Federal Reserve about rising risks of inflation and unemployment due to the ongoing global trade war.

At 9:16 am, the BSE Sensex was up 125 points, or 0.16%, at 80,870, while the Nifty50 gained 25 points, or 0.10%, to trade at 24,439.

From the Sensex pack, Tata Motors, Power Grid, Kotak Mahindra Bank, Axis Bank, Bajaj Finserv, and IndusInd Bank were among the top gainers, rising up to 2%. On the other hand, Eicher Motors, Maruti, ITC, Nestle India, HUL, and Reliance Industries opened in the red.

(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
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