Sensex up 97 points in early trade, Nifty above 11,000
Sensex opened higher at 37,330.47, from its previous close of 37,270.82.
Sensex opened higher at 37,330.47, from its previous close of 37,270.82.
A sharp fall in crude oil prices along with continuous foreign fund inflows helped the major indices -- Sensex and Nifty -- to gain over 0.50 per cent each on Wednesday.
In the BSE Sensex, 18 stocks, including Coal India, NTPC, were trading in red while 10 stocks including Yes Bank and ITC were trading in green.
Minutes into trading, it was quoting at 35,701.99, down by 182.42 points, or 0.51 per cent.
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.
Globally equity markets traded higher after reports said that the US and China may hold fresh talks on trade tariffs issue.
The gauge had plunged about 977 points in the previous two sessions as global trade war tensions rattled investor optimism.
Amid volatility, the key Indian equity indices settled flat on Wednesday tracking weak global cues.
According to market analysts, healthy buying activity was witnessed in auto, capital goods and oil and gas stocks.
The Sensex touched a high of 35,667.31 points and a low of 35,309.67 in trade so far.
