Mumbai, July 3: Indian equity markets opened on a positive note on Thursday, with benchmark indices Sensex and Nifty rising nearly 1 per cent in early trade, supported by strong buying in IT and metal stocks.
Market sentiment remained upbeat as investors reacted to firm global cues and continued interest in export-oriented sectors. Heavyweight IT stocks led the rally, while metal shares also witnessed strong gains on improved demand outlook and commodity price trends.
Broader markets mirrored the optimism, with several mid-cap and small-cap stocks participating in the upward movement. Analysts noted that the early momentum reflects renewed investor confidence after recent market fluctuations.
However, market experts advised caution, stating that volatility may persist as investors track global economic indicators and upcoming policy updates.
Further trends during the trading session will depend on foreign fund flows, corporate earnings cues, and global market direction.
