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Indian stock markets rise on trade optimism and global cues, with Nifty 50 and BSE Sensex up.
Indian stock markets opened higher on September 10, boosted by positive global cues and optimistic social media posts between Prime Minister Narendra Modi and U.S. President Donald Trump regarding trade.
The Nifty 50 index and BSE Sensex saw strong gains, up by 0.49% and 0.50% respectively.
Experts note that while trade optimism is positive, sustained earnings growth is critical for a stable market rally.
Banking stocks and IT sectors showed strong momentum, while auto majors faced declines.
Global markets also contributed to the upbeat sentiment, with hopes of a U.S. Federal Reserve rate cut.
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Los mercados bursátiles indios suben por el optimismo comercial y las señales globales, con el Nifty 50 y el BSE Sensex en alza.