India's benchmark indices, Sensex and Nifty, are likely to open higher today, driven by softer US and domestic inflation data. The GIFT Nifty indicates a mildly positive start, reflecting global market trends. Positive US and Indian inflation figures have boosted investor sentiment, though gains may be limited due to ongoing uncertainty and foreign investor outflows. The market will close tomorrow for Holi, adding to today's volatility.
Sources: Reuters, India Today, Business Standard