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Domestic stock markets started Thursday's session on a lacklustre note amid weakness in Asian peers on concerns about global economic growth among investors. 
Domestic stock markets started Thursday's session on a lacklustre note amid weakness in Asian peers on concerns about global economic growth among investors. 
The S&P BSE Sensex rose as much as 64.07 points to 38,649.42 while the NSE Nifty moved to 11,602.75, up 18.45 points from the previous close.
 
Advances in oil & gas and auto stocks supported the markets however weakness in IT counters kept the upside in check. Investors adopted a cautious stance ahead of key events due on Friday, say analysts. 
 
At 9:27 am, the Sensex traded 59.05 points lower at 38,644.40 and the Nifty was at 11,594.10, up 9.80 points from the previous close. Top gainers on the 50-scrip index at the time were Indian Oil, Indiabulls Housing Finance, Bharat Petroleum and GAIL, trading between 0.93 per cent and 2.17 per cent higher.
 
Equities in other Asian markets stepped back from near eight-month highs. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 per cent after four straight days of gains took it to the highest since last August.
 
In a fresh escalation of trade tensions, US President Donald Trump threatened new tariffs on goods from the European Union even as the China-US trade dispute remains unresolved.
 
Back home, the government is due to release data on macroeconomic parameters such as consumer inflation and industrial production on Friday. On the same day, information technology majors TCS and Infosys will report their earnings for the March quarter.