Indian markets poised to open higher as global optimism lifts sentiment

Indian equity benchmarks are set for a firm start to the week with GIFT Nifty futures rising 271 points to 26,087 reflecting strong cues from Asian and U.S. markets. Japan’s Nikkei climbed more than 2%, breaching the 50,000 mark for the first time, while U.S. indices rallied on hopes of monetary easing. Analysts expect broad-based buying in banking and IT sectors, supported by improved global risk appetite and steady foreign institutional inflows at the start of the trading week.