Benchmark indices opened higher on Tuesday following the optimistic cues from the Wall Street’s record of Friday’s closing. BSE Sensex rose 187 points to open at 31,421 levels while NSE Nifty added rose 55 points to 9843 levels.
The RBI’s 2-day bi-monthly policy meeting will be starting from today. The result of RBI policy meeting and investment trend of overseas investors, macro-economic data points will dictate the Indian stock markets this week. Meantime, FPIs pulled out over Rs 11,000 crore from stock markets in September 2017.