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The Nifty 50 index opened at 25,843.20, up 48.05 points or 0.19 per cent, while the BSE Sensex began the day at 84,297.39, gaining 85.51 points or 0.10 per cent.
Experts said that a combination of central bank action, the Trump-Xi meeting, and results from five of the Magnificent 7 companies make this the most eventful week of October.
Ajay Bagga, Banking and Market Expert, told ANI, “Indian markets are pointing to a positive open. FPI positioning moved to a lower net short position over the last week. However, with the Indian commerce minister hinting that India is not in a hurry to close out a trade deal with the U.S., there was a brief selling spree on the Indian bourses. The good news is that the net move downwards was quite moderate.”
He added, “As markets position fo

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