Indian stock markets open higher as global tech rally boosts sentiment
MUMBAI: Indian stock markets opened on a positive note on Thursday, supported by a rebound in global tech shares.
In early trade, the Sensex rose 161 points, or 0.19 per cent, to around 85,347. The Nifty also moved up 58 points, or 0.22 per cent, to 26,110.
Commenting on the Nifty technical outlook, experts said that immediate resistance is placed at 26,150, followed by 26,200, while the 25,900–25,950 zone is expected to act as a solid support region and a preferred accumulation area for positional participants.
Several large-cap stocks saw healthy buying interest. Axis Bank, Adani Ports, M&M, Bajaj Finance, Hindustan Unilever, Adani Enterprises and Power Grid gained up to 1.5 per cent.
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