Nifty up 500 pts, Sensex gains 0.7% on easing tension in West Asia

New Delhi, April 16 (ANI): The Indian stock markets opened firmly higher on Thursday, mirroring strong gains across Asia-Pacific bourses as hopes of a US-Iran deal eased war-risk premiums and lifted global market sentiment. The Nifty 50 index opened with modest gains of around 500 points rising 0. 6 per cent to 24,385.