RBI Rate Cut Lifts Market; Sensex, Nifty Rise 0.5

Indian stock markets started the week on a strong note, opening higher on Monday as investor confidence got a boost from the recent jumbo rate cut announced by the Reserve Bank of India (RBI).

- TBG NETWORK MUMBAI

The Nifty 50 index opened at 25,131.25, gaining 128.20 points or 0.51 per cent. Similarly, the BSE Sensex began the day at 82,616.12, rising 427.13 points or 0.52 per cent.

Market experts believe that Indian equities are likely to remain positive throughout the day. The strong momentum is being supported not only by the RBI's rate cut and liquidity measures but also by positive cues from global markets.

Ajay Bagga, a banking and market expert, told ANI that global investors are closely watching trade talks between the US and China, especially with the Trump tariff pause deadline approaching on July 9. Trump policy is entering deal-making territory as we enter the last month before the July 9th tariff deadline.