Stock market today, Aug. 25 -- Indian benchmark indices, Sensex and Nifty, opened higher on Monday, supported by gains in Reliance Industries and IT stocks, as Asian markets tracked Wall Street's rally following U.S. Federal Reserve Chair Jerome Powell's hint at a possible rate cut next month.

The BSE Sensex rose 207.24 points, or 0.25 per cent, to start at 81,514.09, while the NSE Nifty opened 54.05 points, or 0.22 per cent, higher at 24,924.15.

The Nifty and Sensex gained nearly 1 per cent each last week, driven by proposed revisions to goods and services tax (GST) rates and S&P's upgrade of India's sovereign rating. Meanwhile, investors remain attentive to India-U.S. trade discussions, as a new 25 per cent U.S. tariff on Indian goods...