Sensex, Nifty opening: Will stock market gain amid positive global cues?
Stock markets are set to reopen on Tuesday, after a long weekend break. Sensex and Nifty are expected to open higher today, based on early indicators.
Trading on Dalal Street remained shut on Monday due to Ambedkar Jayanti. As trading resumes, investors are hopeful that the markets will continue their positive trend from Friday, when both Sensex and Nifty had gained nearly 2%.
The rise was largely due to strong signals from global markets. A key move by the US President, Donald Trump, also helped improve global investor mood. He announced that electronics like smartphones and computers would be kept out of steep new tariffs. This decision helped reduce fears of a wider trade war, and global stock markets responded with a relief rally.
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