Show Quick Read Summary is AI-generated, newsroom-reviewed

The Indian share market opened on a positive note on Thursday, supported by optimism over a possible India-US trade deal expected in November.

However, experts cautioned that the markets are currently in an overbought zone and may witness some correction in the near term.

The Nifty 50 index opened at 25,394.90, gaining 71.35 points or 0.28 per cent, while the BSE Sensex started the day at 82,794.79, up by 189.36 points or 0.23 per cent.

Market sentiment remained upbeat amid growing expectations of a breakthrough in the upcoming trade discussions between India and the United States.

Ajay Bagga, Banking and Market Expert, told ANI, "Indian markets are overbought and may see some correction. However, a huge catalyst is working,

See Full Page