Mumbai, Maharashtra – The Indian stock markets opened on a positive note on Thursday, with key indices showing marginal gains amid a mixed global outlook and lower crude oil prices. The 30-share BSE Sensex climbed 201.43 points to touch 78,782.43 in the early session, while the 50-share NSE Nifty edged up by 16.35 points to reach 24,641.
Market observers noted that investor sentiment was supported by a decline in crude oil prices, which eased concerns over input costs for Indian companies and the overall inflation scenario. The fall in crude oil prices also boded well for the Indian economy, which is heavily dependent on imported petroleum products.
Reliance Industries emerged as one of the key gainers in the early trade, as buying interest was seen in the conglomerate’s shares. This positive momentum helped boost the broader market as well. Experts suggest that steady inflows and cautious buying helped the indices register modest gains despite mixed cues from global markets.
On the sectoral front, IT and banking stocks showed some upward movement, while metal and oil
