Market Opening Bell: Benchmark indices opened on a positive note ahead of the 56th GST Council Meeting, which begins Wednesday and is expected to discuss key reform proposals.
The BSE Sensex rose 155 points to 80,520, while the NSE Nifty50 opened 28 points higher at 24,653. Early gains were led by Reliance Industries, up 1.4 per cent at Rs 1,372, making it the top gainer among Sensex stocks.
Investor sentiment is also influenced by the first weekly expiry of NSE contracts on a Tuesday, as per revised rules. Meanwhile, BSE Sensex options will now expire on Thursdays.
Add Zee Business as a Preferred Source
Global cues remain mixed. Asian markets were mostly in the green after the SCO summit in Tianjin, though tariff tensions persist following a US court ruling against most of Trump-era global tariffs. Japan’s Nikkei rose 0.31 per cent, South Korea’s Kospi added 0.45 per cent, and China’s Shanghai Composite edged up 0.04 per cent, while Australia’s ASX 200 slipped 0.41 per cent.
Meanwhile, Donald Trump’s claim that India has agreed to remove tariffs on US goods to “nothing” added to geopolitical buzz ahead of today’s session.
Wall Street remained closed overnight due to Labor Day.
