Sensex jumps over 700 points, Nifty opens 0.73% higher amid US Yields ease and weak AI sentiments
Mumbai, Nov. 2 -- Indian equity markets started the fresh trading week on a strong note on Monday, with benchmark indices opening with significant gains as easing crude oil prices, declining US bond yields and weakness in global AI-related stocks improved investor sentiment.
The Nifty 50 index opened at 23,222.30, gaining 169.20 points or 0.73 per cent, while the BSE Sensex opened at 75,178.24, surging 718.71 points or 0.97 per cent.
V K Vijayakumar, Chief Investment Strategist at Geojit Investments, said there were clear indications of a turnaround in the Indian market, supported by positive domestic and external factors.
He said the moderation in Brent crude prices from last week's high of USD 118 to USD 110 per barrel had provided r...
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