Sensex up over 150 pts, Nifty50 above 24,800 on Infosys buyback plans, banks rally
Indian benchmark indices Sensex and Nifty initiated trading on a positive note, fueled by Infosys' potential share buyback. Gains in banking and consumer discretionary stocks further bolstered the market. Optimism surrounding anticipated GST cuts and growing expectations of a U.S. rate cut this month also contributed to the upward momentum.