Sensex and Nifty opened higher on Wednesday, buoyed by gains in Asian markets amid expectations of US Federal Reserve rate cuts. Asian Paints, NTPC, and Bajaj Finance led Sensex gains, while FIIs offloaded Rs 1,508.53 crore in equities.

Mumbai: Equity benchmark indices Sensex and Nifty were trading higher in early trade on Wednesday, tracking a rally in Asian markets amid hopes of a US Federal Reserve rate cut later this month.

The 30-share BSE Sensex climbed 354.57 points to 82,384.55 in early trade. The 50-share NSE Nifty edged higher by 109.55 points to 25,255.05.

From the Sensex firms, Asian Paints, NTPC, Bajaj Finance, Bharat Electronics, Bajaj Finserv and Power Grid were among the major winners.

However, Tech Mahindra, Axis Bank, Infosys and Titan were the laggards.

In Asian ma

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