Indian markets opened strong on Thursday, with the Sensex gaining 400 points and the Nifty crossing 25,050.
This surge follows positive signals from global markets, driven by expectations of increased foreign investments into Indian equities. The optimism stems from recent U.S. inflation data, which showed a decline in annual inflation to 2.5%, boosting predictions of a 25 basis point rate cut by the Federal Reserve. However, core inflation remains elevated at 3.2%, signaling that the Fed may proceed cautiously. Stocks like NBCC and MTNL saw gains of up to 5%.