Indian equity markets open in green on lower crude prices, favourable global cues
New Delhi, June 22 -- Indian equity markets opened in positive territory on Monday, supported by stable global indicators and a notable decline in international crude oil prices.
The BSE SENSEX stood at 77,160.67 points, up by 357.77 points or 0.47 per cent. Meanwhile, the NSE NIFTY 50 reached 24,106.60 points, gaining 93.50 points or 0.39 per cent during the early trade.
Rajesh Palviya, Head of Research at Axis Direct, stated that global cues remain supportive at the start of the week. He noted that while US markets were closed on Friday, Thursday's strong technology-led rally continued to provide a positive undertone for global equities.
"Domestically, GIFT Nifty indicates a positive start, suggesting that Friday's decline may largel...
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