Sensex, Nifty 50 rise at open amid positive global signals

Indian equity markets opened stronger on Monday, reversing Friday’s dip as upbeat global trends and expectations of possible Federal Reserve rate cuts boosted sentiment. The sharp fall in the rupee limited enthusiasm, but both benchmark indices began the day in the green. Nifty 50 started above 26,100, gaining around 33 points (0.13%), while the Sensex added nearly 100 points (0.10%) to reach 85,317. Gift Nifty traded at 26,163 around 7:30 AM, showing a premium of about 78–84 points and hinting at a positive market opening.Read more…