Nifty Sensex open on a positive note in view of Osaka G20 summit

Rupee opens strong on last weekday

Mumbai: The Friday markets opened on a positive note for Nifty and Sensex in view of a trilateral meet at Osaka. PM Modi is meeting US President Trump and Japan PM Shinzo Abe at Osaka G20 summit.

The S&P BSE Sensex rose as much as 89 points or 0.22 per cent to 39,675 and the NSE Nifty 50 rose 0.25 per cent at 11,871, BloombergQuint reported.

Also Read: Rupee Weakens Against Dollar, Markets Open Lower

However, after a hopeful opening, Sensex slipped into the red, trading lower by 58.46 points or 0.15 per cent at 39,527.95 dragged bank stocks. Investors remained for a better ending for Nifty Sensex today.

Sectorally speaking, the realty and oil & gas stocks were the top gainers.

The dollar also trod on as investors waited with bated breath for the world leaders to meet at the G20 summit. The rupee opened strong at 69 at the interbank forex market then gained further ground to touch 68.97 per dollar.

Share markets all over Asia edged higher as investors clung on to hopes of an eased trade tensions. The trilateral meet is expected to ease the trade relations between India, US and Japan.

Also Read: PM Modi Meets ‘Friend’ US President Trump At Osaka G20 Summit

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