Stock markets trade higher in early trade

MUMBAI: (Apr 17) Benchmark indices Sensex and Nifty were trading in positive territory in early trade on Friday, supported by optimism around easing geopolitical tensions and fresh foreign fund inflows.

A temporary ceasefire between Israel and Lebanon has added to markets’ optimism, with expectations that this could pave the way for renewed US-Iran negotiations, an expert said.

The 30-share BSE Sensex climbed 177.52 points to 78,166.20 in early trade. The 50-share NSE Nifty advanced 37.4 points to 24,234.15.