Indian indices open up by over 0.7 pc, experts say strong rally will come if FPI reduces outflows

Mumbai (Maharashtra) [India], January 16 (ANI): The recovery mode in the Indian stock markets continued on Thursday, with both indices surging in the opening session.

The Nifty 50 index opened at 23,377.25 points, gaining 164.05 points or 0.71 per cent, while the BSE Sensex index opened at 77,317.18 points, up 593.10 points or 0.77 per cent.

Experts noted that the selling pressure by bears, caused by weak sentiments, is c