Bazm-e-Sahafat

Sensex opening

Indian markets opened slightly higher on Monday, supported by global cues and early gains in IT and banking stocks.

Rising global crude oil prices and subsequent strengthening of the US dollar also weighed on the financial markets.

Going ahead into this week, investors are likely to tread carefully as the U.S. Federal Reserve's meeting scheduled Tuesday-Wednesday, its outcome due likely this midnight, will be closely monitored.