India, May 14 -- Indian benchmark indices opened higher on Thursday, extending a mild rebound from the previous session amid cautious optimism in global markets despite persistent concerns over rising crude oil prices, foreign capital outflows and geopolitical tensions in the Middle East.

The BSE Sensex opened at 74,989.84, gaining 380.86 points or 0.51 per cent in early trade. The NSE Nifty 50 was also expected to open firmly higher, supported by positive cues from GIFT Nifty futures.

Indian equities had snapped a four-session losing streak in the previous session, with both the Sensex and Nifty ending about 0.1 per cent higher. However, the recovery followed a sharp correction of nearly 4 per cent over the past four sessions, triggere...