Markets Open Higher Amid Cautious Optimism Despite US-China Trade Tensions
Indian equity markets opened higher on Wednesday, with the Nifty 50 and Sensex gaining 0.31% and 0.23% respectively, reflecting cautious Optimism among investors. The uptick comes despite lingering concerns over US-China trade tensions and mixed global cues.
HDFC Life led gains on the Nifty50, rising nearly 2%, followed by Jio Financial Services and Nestle India. Market analysts note resilience in domestic equities even as the GIFT Nifty signaled caution in early trading.