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Stock markets open in the green, Nifty above 11,260


Equity benchmark indices opened higher on Wednesday tracking cues from Asian peers.

At 10:15 am, the BSE Sensex was up 185 points at 37,503 while the gained 45 points to 11,267.

At the National Stock Exchange, most sectoral indices were in the green during early hours. However, FMCG, media and were in the negative territory.

Among the gainers were Bharat Petroleum Corporation, Indian Oil, Mahindra & Mahindra and

But slipped to Rs 123.55 per share, down over 4 per cent, after four top executives resigned a day earlier.

The departure of Vinay Dube, Amit Agarwal, Sharma and cast further doubts over the possible revival of the grounded

The others which lost included Zee Entertainment, Yes Bank, power utility major NTPC, Housing Finance and

Shares in were led by strong gains in Chinese equities which rebounded after two days of losses.

Asian stocks moved up after US Donald Trump's statement that he expected trade negotiations with to be successful. Reports also said could release more economic stimulus to escalate growth.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 15 2019. 10:50 IST