Sensex surges over 200 pts on US-China trade truce

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Press Trust of India Mumbai
Last Updated : Dec 03 2018 | 10:00 AM IST

The benchmark BSE Sensex opened over 200 points higher Monday following euphoria in other Asian stocks after US President Donald Trump and his Chinese counterpart Xi Jinping agreed to a truce and halted their tariff war at the G20 meet.

The 30-share index was trading 181.52 points, or 0.50 per cent, higher at 36,375.82 at 0945 hrs.

In similar movement, the NSE Nifty was trading 30.80 points, or 0.28 per cent, up at 10,907.55.

Investors are eyeing Purchasing Managers' Index (PMI) data for the manufacturing and services sectors, and also awaiting signals from Reserve Bank of India's fifth bimonthly monetary policy meeting for 2018-19 which is scheduled to begin later in the day.

Metal, realty and FMCG stocks were the biggest gainers on bourses in early session.

Top gainers include Vedanta, Tata Steel, Coal India, HUL, Infosys, HDFC, PowerGrid, IndusInd Bank, ONGC, NTPC, ITC and HDFC Bank, rising up to 3 per cent

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First Published: Dec 03 2018 | 10:00 AM IST

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