Markets open higher on positive global cues, Sensex jumps 235 points

New Delhi: Markets open higher on positive global cuesfollowing ease in US-China trade war fears.

The BSE Sensex jumped 235.97 points or 0.60 percent to 39,630.61 while the NSE Nifty edged higher by 65.55 points or 0.56 percent to 11,854.40 in early trade

Top gainers in the Sensex pack in early trade included Tata Steel, NTPC, Bajaj Auto, HDFC Bank, Axis Bank, Hero MotoCorp, PowerGrid and Tata Motors, rising up to 1.27 percent. On the other hand, SBI, Yes Bank, Bharti Airtel, Maruti, HCL Tech, HUL and RIL were among the losers, shedding up to 0.78 percent.

In the previous session on Friday, the BSE gauge ended 191.77 points or 0.48 percent lower at 39,394.64 while the Nifty settled 52.70 points or 0.45 percent down at 11,788.85.

Japan`s Nikkei climbed 1.6 percent to a two-month top. MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.4 percent. Chinese blue chips climbed 2.1 percent to their highest since late April. E-Mini futures for the S&P 500 rose 0.8 percent and FTSE futures 0.5 percent, a Reuters report said.