Business

Domestic stock markets opened on strong footing

The S&P BSE Sensex opened at 35,997.29 and the Nifty50 barometer of the National Stock Exchange (NSE) started at 10,808.70.

Domestic stock markets, opened on a strong footing today in line with global peers after the US Federal Reserve signalled that the three-year tightening cycle is drawing to a close.

The S&P BSE Sensex opened at 35,997.29 and the Nifty50 barometer of the National Stock Exchange (NSE) started at 10,808.70.

At 9:17 am, the 30-share Sensex traded at 35,968.60, up 251.65 points or 0.70 per cent and the 50-scrip Nifty was at 10,795.70, with a gain of 66.85 points or 0.62 per cent.

The Sensex hit an intraday high of 36,081.27 as it surged 364.32 points in the first few minutes of trade.

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