Indian markets to open gap-up on global cues, Fed rate cut

• Indian benchmark indices (Sensex, Nifty) are expected to open gap-up, influenced by a higher-trading GIFT Nifty.
• Global markets reacted positively to the US Federal Reserve's interest rate cut, with Asian and US equities gaining.
• The Federal Reserve cut interest rates by a quarter percentage point, leading to investor optimism despite no clear guidance on future cuts.
• US bond yields and the dollar index are down, while most Asian currencies are up.
• Crude oil and gold prices are rising, with crude up due to geopolitical tensions and gold benefiting from the Fed rate cut.

Why It Matters: Global cues and Fed rate cut suggest a positive opening for Indian markets today.