Sensex Rises Over 100 Points, Nifty Trades Above 16,600; Consumer Goods, Durables Top Gainers

Indian equity benchmarks on Wednesday traded higher in opening deals, taking cues from the global markets.

Indian equity benchmarks on Wednesday traded higher in opening deals, taking cues from the global markets. Asian stocks were mostly up despite an overnight weakness in U.S. markets.

Trends on the Nifty Futures on Singapore Exchange (SGX Nifty) indicated a gap-down start for the domestic indices.

The 30-share BSE Sensex rose 103 points or 0.19 per cent to 55,669, while the broader NSE Nifty moved 48 points or 0.29 per cent up to trade at 16,633.