Indian equities open higher on Monday morning trade

Mumbai, Oct 26 (IANS) A benchmark index for Indian equities, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), on Monday opened higher and was trading at 27,542.29 points some 25 minutes after the opening bell.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading higher at 8,312.50 points, with a gain of 17.05 points or 0.21 percent.

The 30-share Sensex opened at 27,574.40 points, against the previous close at 27,470.81 points on Friday (October 23). At 9.40 a.m. it was ruling at 27,542.29 points, with a gain of 71.48 points, or 0.26 percent.

A Chinese stimulus, domestic quarterly results and a US decision on a rate hike, coupled with the expiry of derivatives are expected to drive Indian equities markets in the weekly trade starting from October 26.

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