Mumbai, Sept. 5 -- Indian equities enter the week on a cautiously optimistic note. Last week, the GST Council unveiled sweeping tax cuts-including a simplified two-rate structure and lower levies on essentials-that lifted the Nifty above 24,700 level and some buying emerging in the mid- and small-cap segments.

Concurrently, global cues remained supportive: weak U.S. labor data and dovish Fed signals buoyed rate-cut expectations, aiding regional markets.

Domestically, the government's tax and liquidity measures are seen as structural stimuli, laying the groundwork for economic recovery even if their impact remains gradual.

In the near term, markets are likely to stay supported by domestic policy tailwinds and global easing expectations....