Indian markets rebound as Sensex and Nifty gain after previous decline

Indian benchmark indices are expected to open positively on December 2, following a recovery from a significant decline on November 28. The GIFT Nifty is currently trading around 24,355.5, indicating a positive outlook for the markets.

On November 29, the Nifty started the December F&O series above 24,100, driven by strong buying interest in heavyweight stocks across various sectors, except for real estate and PSU banks. At the end of the trading day, the Sensex increased by 759.05 points, or 0.96 percent, reaching 79,802.79, while the Nifty gained 216.90 points, or 0.91 percent, closing at 24,131.10.

Market participants are optimistic as they prepare for today's trading session, hoping for continued momentum in the indices.

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