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Indian Markets Open Higher as Nifty Climbs 76 Points on Strong Global Sentiment
Nifty rose 76 points and Sensex 210 on global cues as IT and metal stocks outperformed while investors awaited RBI policy minutes.
Indian benchmark indices opened positively on Wednesday with the Nifty up 76 points at 25,770 and the Sensex gaining 210 points to 85,321. The advance was driven by optimism following stronger-than-expected U.S. inflation data that improved risk appetite across Asia. IT and metal stocks led early gains while financials traded flat ahead of the Reserve Bank’s mid-quarter policy minutes.
Market participants noted that sustained FII inflows and stable crude prices reinforced confidence, keeping India’s equity benchmarks near record territory.