The Indian stock market witnessed a positive start today as the Nifty50 and BSE Sensex, the country’s key equity benchmark indices, opened higher on Monday. The Nifty50 surged past the 24,400 level, while the BSE Sensex was trading above 80,700 in the morning session. Market analysts are attributing this bullish trend to positive global cues and strong buying interest from domestic institutional investors. The optimism in the market is also fueled by hopes of an economic recovery as India continues to gradually ease COVID-19 restrictions. Investors are closely monitoring corporate earnings, global cues, and macroeconomic data for further direction. The banking and IT sectors are showing strength in today’s trading session, while metal stocks are witnessing some profit-taking. Overall, the market sentiment remains positive as investors remain hopeful of a sustained recovery in the Indian economy. Experts suggest that investors should remain cautious and focus on stock selection based on fundamentals amidst the ongoing volatility. The upcoming Union Budget and quarterly earnings announcements are expected to drive market movements in the coming days.