Indian markets open sharply higher on positive global cues; Sensex up 650 points, Nifty above 175 points
New Delhi, July 29 -- Indian benchmark equity indices opened sharply higher on Wednesday, tracking positive global cues as investors reacted to easing crude oil prices, firm Asian markets, and the implementation of new US tariff measures that were largely in line with market expectations.
The BSE Sensex opened at 77,419.74, rising 653.82 points or 0.85 per cent, while the NSE Nifty 50 gained 175.60 points or 0.73 per cent to open at 24,160.95.
The strong opening comes amid shifts in global commodity prices and the rollout of fresh tariff measures, with investors closely monitoring their impact on trade and market sentiment.
The broader Asian markets displayed significant divergence across indices. The Hang Seng gained 1.37 per cent to ...
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