MUMBAI: The domestic stock markets opened on a positive note on Friday, supported by renewed confidence after progress on the India-US trade deal and the recent conversation between Prime Minister Narendra Modi and US President Donald Trump.

The NSE Nifty 50 index opened at 25,971.20, rising 72.65 points (0.28 per cent), while the BSE Sensex also maintained the positive sentiment, starting the day at 85,051.03 with a gain of 232.90 points or 0.27 per cent.

Ajay Bagga, banking and market expert, said, “In India, there is some confidence boosting on the Chief Economic Advisor’s statement of the US-India trade negotiations progressing well. PM Modi spoke to President Trump and posted a glowing reference to the call on social media. Indian stocks have moved from oversold to neutral levels an

See Full Page