Market Update- Markets trade higher. Sensex above 500 points

The benchmark indices were trading higher on June 16, as buying was seen in index heavyweights. BSE Midcap index down 0.14% and Smallcap index sheds 0.70%. At 10.47 am, Sensex rose by 0.67% or 548 points to 81,667. The Nifty gained 0.68% or 165 points to 24,882.

Global Update-

Asia-Pacific markets mostly rose as investors parse China data, assess Israel-Iran tensions.