Mumbai (Maharashtra) [India], October 20 (ANI): Indian stock markets opened higher on Monday ahead of Diwali, as festive season optimism and record shopping boosted investor sentiment.
However, experts cautioned that the session may remain volatile due to the upcoming trading holiday and the special Muhurat trading session scheduled for Tuesday.
The Nifty 50 index opened at 25,824.60, gaining 114.75 points or 0.45 per cent, while the BSE Sensex started at 84,267.59, up by 315.40 points or 0.38 per cent.
Market expert s noted that the Indian markets will remain open only for the Muhurat trading session on Tuesday and will be closed on Wednesday, which could lead to profit booking later in the day as traders cut positions ahead of the shortened week.
Ajay Bagga, Banking and Ma