Benchmark indices opened marginally higher on Thursday morning, with the Sensex rising 156.04 points or 0.18 per cent to ₹85,262.85 and the Nifty gaining 39.40 points or 0.15 per cent to 26,025.40, as investors remained cautious ahead of the Reserve Bank of India’s monetary policy decision scheduled for Friday.

The Sensex, which closed at ₹85,106.81 in the previous session, opened at ₹84,987.56, while the Nifty, which had settled at 25,986.00, started the day at 25,981.85. The modest opening reflected mixed global cues and ongoing concerns about foreign institutional investor outflows and persistent rupee weakness, even as expectations of a US Federal Reserve rate cut provided some support.

“From an Indian standpoint, movement in US bond yields and the US dollar will be crucial, as b

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