Benchmark Indices Opened Marginally Higher With Nifty Reclaiming 11,950 Levels

Benchmark indices opened marginally higher with Nifty reclaiming 11,950 levels despite correction in global markets.

HPCL, BPCL, IOC, Hero Motocorp, Bharti Infratel, HDFC, GAIL and Wipro gained. Tata Motors, Yes Bank, Eicher Motors, M&M, Hindalco and Maruti are under pressure.

Indian markets are expected to open positive on the back of a sharp decline in global crude oil prices. Also, markets are expected to react to GDP data and would watch developments on the global trade war situation, ICICI Direct said.

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