The benchmark indices gained higher in early trade on positive Asian stocks. At 10.15 am, the BSE Sensex, was up 146.91 points or 0.50% at 29,479.07, while the NSE Nifty index was up 38.80 points or 0.43% at 9,125.10. In the broader market, the BSE Midcap and the S&P BSE Smallcap added 0.3% and 0.6%, respectively.
Investors also struggled with mixed economic data. Filings for unemployment gains rose to a 7-week high, while purchases of new homes improved in February to a 7-month high.
GST bill is scheduled to be tabled in the Lok Sabha today. The Union Cabinet on Monday gave its permission to four legislations of the much-awaited GST Bill namely the Central, State, Union Territory & Integrated GST, along with the Compensation Bill.
Asian share markets and S&P 500 futures edged higher as investors dipped a toe back into risk trades after a week of wild swings in sentiment.
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