Sensex Surges 500 Points, Nifty Crosses 23,700 Amid Positive Global Cues, India-US Trade Talks

Benchmark indices opened higher on June 1, tracking positive global cues despite a rebound in crude oil prices. Strength across Asian markets and fresh record highs on Wall Street helped offset concerns over elevated oil prices and continued foreign institutional investor (FII) selling.

The BSE Sensex opened 427.28 points, or 0.57 per cent, higher at 75,203, while the NSE Nifty 50 began the session with a gap-up of 106.75 points, or 0.45 per cent, at 23,654.50, broadly in line with GIFT Nifty indications.