Markets open higher: Sensex up over 500 points

Mumbai, 6/3: Markets opened on a positive note on Monday with Sensex up 514.97 points to 60,323.94 in early trade. Meanwhile, Nifty rose 149.95 points to 17,744.30.

 

 

D-Street was aided by a rise in high-weightage financial and information technology stocks after strong economic data from the United States and investment in the Adani group of companies boosted risk appetite.

 

All 13 major sectoral indexes rose, with financials and information technology adding 0.8 per cent and 1.5 per cent, respectively.

 

All the Adani group stocks advanced as well, extending gains after U.S. boutique investment firm GQG Partners’ $1.87 billion investment in the conglomerate on Thursday.

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