Indian markets open higher; Sensex gains nearly 300 points, Nifty holds above 22,600
What Happened
Indian benchmark indices opened higher on Monday. The BSE Sensex rose 299 points (0.41%) to 72,771.32, while the Nifty 50 gained 72.75 points to 22,593.20 at the opening bell. Sentiment was supported by a stronger rupee, which appreciated 98 paise against the US dollar at the open. Market breadth was positive, with more than 2,100 stocks advancing versus 466 declining on the NSE.
Key Takeaways
Markets have begun the week in positive territory, aided by rupee strength and supportive global cues. Investors are now focused on September inflation data, Q2 FY27 earnings from companies such as HCL Technologies, Wipro, Tech Mahindra, and Nestle India, and RBI liquidity measures.