Sensex, Nifty continue uptrend; Europe could open higher

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Benchmark indices strengthened their position, gaining over half a percent during the morning session, with the Nifty looking to hold 9400-mark.

The Sensex was up 186.04 points at 30487.68, while the Nifty was up 58.75 points at 9419.30. The market breadth was positive as 1,582 shares advanced against a decline of 792 shares, while 133 shares were unchanged.

Tata Motors DVR, GAIL and L&T continued to gain on both indices, while Lupin, Cipla, and Sun Pharma were the top losers.

European markets are expected to open higher Thursday as investors look ahead to OPEC talks and the latest leg of U.S. President Donald Trump’s first foreign trip since taking office.

The FTSE is seen opening 18 points higher at 7,527; the DAX is expected up 44 points at 12,775; and the CAC is on track for a 23-point gains, opening at 5,356.

 

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