The benchmark indices open higher on Monday following Asian shares, that neared all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetite.
Back home, the government on Friday said it expected the country's gross domestic product (at constant 2011-12 prices) to be Rs 129.85 trillion in the financial year ending in March - growth of 6.5% on a year-on-year basis, compared with 7.1% in 2016-17.
"The growth in GDP during 2017-18 is estimated at 6.5% as compared to the growth rate of 7.1% in 2016-17," the Ministry of Statistics & Programme Implementation said in its estimate of National Income for 2017-18.
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