Markets open higher on trade deal boost, banking stocks lead rally

Benchmark indices opened in positive territory on Monday, driven by improving global sentiment and clarity on the India-US trade agreement. The Nifty 50 opened at 25,888.70, up from its previous close of 25,693.70, and was trading at 25,799.75, gaining 106.05 points or 0.41 per cent as of 10.16 AM. The Sensex opened at 84,177.51 against the previous close of 83,580.40 and was trading at 83,915.71, up 335.31 points or 0.40 per cent. Banking stocks dominated the gainers’ list, with State Bank of India surging ...