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Sensex rises 250 points, Nifty opens above 23,090 despite mixed global cues

Indian stock markets opened higher on Friday, with Sensex gaining over 250 points and Nifty surpassing 23,090, despite mixed global cues. Experts highlight key resistance and support levels while tracking global trade developments

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Indian equity markets opened on a positive note on Friday, with the Sensex gaining over 250 points to commence trading at 76,388.99, while the Nifty 50 began at 23,096.45. This comes despite mixed global signals and follows a weak closing session on Thursday, marking seven consecutive days of decline in the domestic markets.

According to ANI, investor sentiment remains cautious due to international developments, particularly in the United States. Market expert Ajay Bagga observed that although US President Donald Trump has announced reciprocal tariffs on all trade partner nations to take effect by April 2, 2025, US markets still managed to close higher. He noted that investors are optimistic most trade disputes will be resolved in the next 40 days, mitigating the risk of severe disruptions.

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