First Trade: Markets open firmly higher; Sensex surges 245 points, Nifty tops 24,900


Market opening bell: Indian equity markets opened on a positive note on Monday, August 25, buoyed by encouraging global cues and a firmer rupee. The BSE Sensex gained 245 points in early trade, crossing the 81,550 mark, while the NSE Nifty50 rose 56 points to trade above 24,900.

The domestic currency also showed strength, opening 14 paise higher at 97.39 per US dollar compared to Friday’s close of 97.53. This improvement in the rupee provided additional support to the markets.

Several stocks caught the market’s attention at the start of the trading session. Among the prominent gainers were InterGlobe Aviation, Max Healthcare Institute, Hero MotoCorp, IndusInd Bank, Yes Bank, Titagarh Rail Systems, RailTel Corporation of India, Brigade Enterprises, Interarch Building Solutions, IDBI Bank, Signpost India, and CEAT.



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