Sensex and Nifty Expected to Surge on Positive Global Cues

Indian equity markets are set for a strong opening with Nifty expected to gain over 150 points, supported by softer crude oil prices and stable global markets.

Foreign Portfolio Investors (FPIs) turned net buyers in July, investing ₹20,200 crore in Indian equities after four months of selling.

Market focus remains on the upcoming RBI monetary policy meeting scheduled for August 3-5, where analysts expect a neutral and cautious stance.