FIRST TRADE (September 2): Equity indices start session higher; Nifty opens at fresh high at 25,298
Tracking strong momentum, Indian equities rallied for the 13th straight session to a record high at the open.
FIRST TRADE (September 2, 2024): Indian equities tracking global cues started Monday's session on a positive note as investors largely awaited key data this week, hinting at a possible rate cut quantum by the US Fed. At the open, Nifty was up 0.25 per cent ot 62.55 points at 25,298.45, while the Sensex started trade higher by 209.61 at 82,575.38.
From the Nifty pack, top gainers included stocks like Bajaj Auto, Hero MotoCorp, HDFC Life, TCPL and ITC, while the laggards have been Tata Motors, Hindalco, M&M, Dr. Reddy's and ONGC.
Meanwhile, Asian markets largely traded higher as investors awaited key data due to be released this week. Nonetheless, the Hang Seng index suffered a blow as investors remained anxious about the liquidity crunch facing the realty sector.
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