Markets Open Higher: Sensex Up 150 Points, Nifty Near 24,650; Eternal Inches 1% Higher

Markets Open Higher Ahead of Crucial GST Council Meet.

Indian equities started Tuesday on a positive note as investors awaited key decisions from the two-day GST Council meeting that began September 3. The BSE Sensex rose 155 points to 80,520 at the open, while the NSE Nifty50 added 28 points to 24,653. Reliance Industries was the top gainer on the Sensex, climbing 1.4% to ₹1,372.

Apart from GST reforms, traders are eyeing the first weekly expiry of NSE contracts under the revised settlement framework. Sensex options, meanwhile, will now expire on Thursdays. On the global front, U.S. President Donald Trump said India has offered to slash tariffs on American goods to “zero,” a claim that comes days after Washington raised levies on Indian exports.

Asian markets traded mixed as investors assessed economic cues and developments from the SCO summit in Tianjin. Japan’s Nikkei gained 0.31%, South Korea’s Kospi rose 0.45%, while China’s Shanghai Composite edged up 0.04%. Australia’s S&P/ASX 200 slipped 0.41%. Wall Street remained shut on Monday for Labor Day.