Indian equity indices opened Monday’s trading session on a higher note. The NSE Nifty 50 opened 35 points or 0.14% higher at 24,930. The BSE Sensex opened 95 points or 0.12% higher at 81,301.
The Bank Nifty opened 303 points or 0.55% higher at 55,892. Similarly, the small and midcap stocks opened the day higher. The Nifty Midcap rose 180 points or 0.31% to open at 57,684.
“The positive sentiments triggered by the growth-stimulating monetary policy face headwinds from the continuing FII selling, but can be sustained by positive news on growth and corporate earnings for FY27. Growth is likely to remain strong, assisting in corporate earnings growth of above 15% in FY27. The market will be looking forward to a positive resolution of the U.S.-India trade tensions. A trade deal can tu