Sensex, Nifty Modestly Higher In Early Trade

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The Indian stock market is open today as the BSE, NSE and MCX have announced a special trading session on Budget day.
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The Indian benchmark index is off to a poor start, according to Gift Nifty's statistics. The Gift Nifty was down around 87 points from the previous closing of the Nifty futures, trading at about 23,533.
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Indian shares were modestly higher on Wednesday, tracking firm cues from global markets and amid hopes for a rate cut by the RBI next
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The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,438 level, a premium of nearly 20 points from the Nifty futures’ previous close.
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The Indian benchmark indices extended their winning streak to a third consecutive session on Thursday, supported by gains in financial and oil & gas stocks, while IT and auto stocks weighed on the indices.
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Indian benchmark indices opened flat on Thursday, tracking the subdued movement of Asian markets, as the US Federal Reserve kept interest rates unchanged and offered little insight into future rate cuts.
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The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,150 level, a premium of nearly 2 points from the Nifty futures’ previous close.
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