Mumbai (Maharashtra) [India], May 2 (ANI): Indian equity benchmarks opened with gains on Friday, with global cues remaining broadly positive, the uncertainty on the domestic front capped gains for Indian indices due to tensions on the India-Pakistan border.

The Nifty 50 index surged to 24,395.90, marking a modest gain of 55.30 points or 0.2 per cent. On the other hand, the BSE Sensex saw an uptick, opening almost flat at 80,290.34 but gained 360 points to 80,607 at the time of filing this report. Market experts pointed out that the ongoing border tensions are the primary factor holding back a stronger rally in the Indian equities. They believe that in the absence of such geopolitical risks, the overall positive global sentiment would have supported a sharper upward move in domestic markets.

Ajay Bagga, Banking and Market expert, told ANI, "Indian markets are now having the overhang of Indo-Pak tensions, otherwise Indian markets are ready to roll forward on good global cues and sustained dry intestine support. Leadership will move to IT, as Global recovery will help that Sectoral indices presented a mixed picture in early trade.

Nifty FMCG, Nifty Pharma, Nifty Realty, Nifty Healthcare, and Nifty Consumer Durables opened in the red, reflecting cautious investor sentiment in these segments. In contrast, Nifty Auto, IT, and Media indices witnessed modest gains, indicating selective buying interest at the sectoral level.