Indian markets open higher amid global AI rally, focus on Trump-Xi summit and FPI outflows
New Delhi, May 14 -- Indian equity markets opened on a positive note on Thursday, tracking gains in Asian peers and continued momentum in global AI-linked stocks, even as sustained foreign portfolio investor (FPI) outflows and geopolitical uncertainties kept investors cautious. The market is also closely monitoring the outcomes of the Trump-Xi Summit, with a focus on tariffs, technology transfer, trade balance and export controls between the United States and China.
The BSE Sensex rose by 417.55 points or 0.56 per cent to stand at 75,026.53 points in early trade. Simultaneously, the NSE Nifty 50 gained 117.65 points, or 0.50 per cent, to reach 23,530.25 points.
The positive opening follows a marginal recovery in the previous session, wh...
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