After two days of profit booking, India’s domestic equity markets opened on a positive note on October 1, led by gains in IT, energy, and auto stocks. The Sensex rose by 318 points, or 0.4%, to 84,617,

The Nifty IT index gained nearly 1 percent in early trade, following a 0.4 percent overnight rise in the tech-heavy Nasdaq Composite in the US. With IT earnings set to roll out soon, brokerage firm Nuvama said that it expects Q2FY25 to be a stable quarter for IT.