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Indian markets open firm as GIFT Nifty signals strength
Markets opened strong with GIFT Nifty signaling gains, led by energy and banking stocks, amid mixed global cues influencing early trade sentiment today.
Indian stock markets opened on a strong footing with the GIFT Nifty indicating firm start amid mixed cues from US and Asian markets.The Sensex rose 230 points and the Nifty hovered around 25,250, led by gains in energy, oil & gas, media stocks.Axis Bank, ONGC,Trent, Wipro and Power Grid Corp were among major gainers,while sectors such as auto FMCG also traded in positive territory.