Sensex climbs over 250 pts, Nifty50 above 10,300; Andhra Bank plunges 7%

                                 

Benchmark indices opened higher on Monday, tracking firm global cues. US stocks surged on Friday after strong jobs data. That coupled with lower-than-expected wage growth eased inflation concerns a bit, raising hopes that the US Fed may not go in for aggressive rate hikes. 

At 9.23 am, the BSE Sensex was trading at 33,582.99, up 275.85 points, or 0.83 per cent. The NSE barometer Nifty50 added 85.05 points, or 083 per cent, to 10,311.90. 

Among losers, SBI fell 1.09 per cent to Rs 250.40. Power Grid, Asian Paints, ONGCBSE 0.61 % and Hindustan Unilever declined up to 0.69 per cent. 

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