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Equity markets rise on opening

BY IANS,

Mumbai : Indian equity markets opened higher Friday with a key index rising about 100 points above Wednesday’s close, about 15 minutes into trading.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 9,638.83 points, against Wednesday’s close at 9,568.72 points. About 20 minutes into trading, it was at 9,669.99 points, 101.27 points or 1.06 percent higher than its previous close.

At the National Stock Exchange (NSE), the broader S&P CNX Nifty index followed the Sensex, rising 1.24 percent to be around 2,952.90 points at the same time.

The midcap and smallcap indices of the BSE also rose at opening.