Bharat Express

US Fed Rate Cut

Among sectoral indices, Auto, financial services, FMCG, real estate, and private banks were major gainers. In contrast, IT, PSU banks, pharma, metals, media, and energy sectors lagged.

Experts predict that the US rate cut will encourage central banks in other countries to consider similar actions

Indian equity markets opened on a positive note on Monday, buoyed by the upward momentum seen in American markets.