Sensex Surges Over 200 Points, Nifty Above 10,800; Tata Motors Jumps Nearly 4%

INSUBCONTINENT EXCLUSIVE:
Indian domestic market indices opened lower on Friday before they quickly pared gains and traded in green
At 11.13 am, Sensex rose over 202 points to trade at 35,777
NSE's Nifty rose 62 points to trade at 10,811
The top Sensex gainers in the late morning trade are Tata Motors (3.8 percent), Hero MotoCorp (2.9 percent), Bajaj Auto (2.87 percent),
Reliance Industries (1.7 percent) and Tata Steel (1.65 percent)
Among sectoral indices, Nifty Realty, Nifty Auto and Nifty Metal indices posted the maximum gains to the tune of 1.72 percent, 1.48 percent
and 1.27 percent, respectively.The Indian rupee on Friday fell by 8 paise to again breach the 69-mark to trade at 69.03 against the US
dollar in opening trade
The fresh fall in Indian rupee is because of US dollar's appreciation and sustained foreign capital outflows
According to the forex dealers, the rupee's third straight slide happened due to demand for the US currency and a lower opening in the
domestic equity market in morning trade today.Faltering Chinese markets dented Asian stocks in a choppy Friday morning, just hours before
Washington is set to impose tariffs on Chinese imports that many investors fear might trigger a full-scale trade war in a blow to the global
economy
Around 7.45 am, MSCI's broadest index of Asia-Pacific shares outside Japan was 0.3 percent lower, pulling back from a modest early rise
The index has lost 8.8 percent since June 7.Seoul's Kospi index fell 0.2 percent and shares in Taiwan were 0.4 percent lower
Australian shares were up 0.4 percent
China's major indexes were choppy in early trade, with the blue-chip CSI300 index in and out of negative territory
It was last 0.2 percent lower, while the Shanghai Composite index fell 0.3 percent
Japan's Nikkei stock index was 0.7 percent higher after closing at a three-month low on Thursday (with Reuters inputs)