Markets starts the week on a positive note , Sensex crosses 36k, Nifty 11K on early trade

Mumbai: Despite fall in the Asian markets, Indian markets have opened the week on a positive note with Sensex crosses the 36,000 mark and Nifty Crosses the 11,000 mark.   Almost all the sectoral indices are trading in the green and maximum buying is being seen in the FMCG, Consumer Durables, and Financial and Metal stocks.

The BSE Sensex is currently (11 am ISD) trading at 36, 578.67 points, up by 82.30 points or 0.23%. Similarly, the NSE Nifty is trading at 11,038.85 points, up by 28.65 points or 0.26%.

FMCG stocks are the best performer with ITC, Asian Paints and UPL are the top gainers.  Similarly, Washing Machine maker Whirlpool, Shoemaker Bata India is also among the top gainers. The gain in these stocks is being attributed to the reduction in GST rates. Last Saturday, the GST council has reduced GST rates on several FMCG, Home Appliances items and Shoes. However, Heromotocorp and Wipro are among the top losers.