
April 11 (Reuters) - India's benchmark indexes opened higher on Friday, as a U.S. tariff reprieve lifted sentiment, even as global trade uncertainty continues to linger.
The Nifty 50 .NSEI rose 1.67% to 22,775.2 while the BSE Sensex .BSESN gained 1.61% to 75,019.41, respectively, as of 09:23 a.m. IST.
Indian markets were closed on Thursday for a local holiday.
Wall Street rallied on Wednesday after U.S. President Donald Trump temporarily lowered some recently imposed tariffs, while raising duties on China. Global markets followed suit on Thursday.
However, lingering concerns over an economic recession due to the trade war halted a global rally and prompted a shift to safe-haven assets, propelling gold prices to an all-time high and the Swiss franc to a decade-high against the U.S. dollar. GOL/ [MKTS/GLOB]
Metals .NIFTYMET jumped 2.7%, helped by a weaker dollar. Drugmakers .NIPHARM rose 3%, rebounding from a 2% drop in the previous session.