Equity indices open in green, Sensex up by 1028 points

Mumbai (Maharashtra): Equity benchmark indices opened in green on Friday with Sensex up by 1028.31 points and Nifty by 324.50 points.

At 9:42 AM, the BSE Sensex was up by 1028.31 points or 1.95 per cent at 53,820.54. BSE Limited, also known as the Bombay Stock Exchange, is the oldest stock exchange in Asia, and also the 10th oldest in the world.

The 50-scrip NSE Nifty was trading at 16,133.90, at 9:42 AM, up by 324.50 points or 2.05 per cent.

NIFTY 50 is a benchmark Indian stock market index, representing the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.

It is one of the two main stock indices used in India.