The Indian equity markets opened on a positive note, buoyed by upbeat global cues and hopes of de-escalation in the Middle East. The benchmark index commenced the session with a notable gap up and sustained its upward momentum, rallying nearly 550 points in intraday. However, profit booking towards the close trimmed some gains, with the Nifty50 index eventually settling around the 23300 mark, reflecting a robust 1.72% gain. Overall, market sentiment remained optimistic, driven by a mix of global positivity and domestic investor confidence.
