Indian Stock Markets Likely to Open Higher Citing Positive GIFT Nifty Cues

Indian benchmark indices are expected to open higher on Monday, supported by GIFT Nifty signaling a gap-up positive start.

During the previous week, the BSE Sensex advanced 1,335.7 points or 1.82%, while the NSE Nifty gained 453.1 points or 2%.

Analysts note that immediate support for the Sensex is placed around the 73,800 to 74,000 range with resistance near 74,700 to 75,000.