Indian equity markets opened the week positively, with the Nifty and BSE Sensex trading with marginal gains on Monday, December 2. The NSE Nifty 50 rose slightly to 24,155, while the BSE Sensex reached 79,860 by 1:30 PM.

Despite concerns over disappointing GDP growth figures for the fiscal second quarter, the market showed an increase. Recent data revealed a growth rate of 5.4 percent for the July-September quarter, lower than the 6.5 percent median forecast from a Moneycontrol poll of economists. The decline in growth was primarily attributed to the mining sector, as well as manufacturing and utility services.

Market participants are now focusing on the Reserve Bank of India's upcoming mid-term rate trajectory for further guidance.