Sensex, Nifty open at record highs on Monday

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Mumbai (Maharashtra) [India], July 29 (ANI): Indian stock market indices opened with gains on Monday following the global rally..

On the National Stock Exchange, the Nifty 50 index opened at 24,943.30, up by 108.45 points or 0.44 per cent, while the BSE Sensex gained 346.93 points or 0.43 per cent to reach 81,679.65 points...

In the broad market on the NSE, all indices, including the Nifty Midcap, Nifty Small Cap, and Nifty Next 50, opened in green..

Global cues have turned positive with the US markets going up on Friday on the back of an as per expectation US PCE Index print, that raised the markets expectations of a Fed rate cut on Sep 18th to 100 per cent..

In the other international markets, Japans Nikkei and Topix gained 2.02 per cent and 1.52 per cent, respectively, and South Koreas Kospi and Kosdaq surged 0.8 per cent and 0.48 per cent...

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