Sensex, Nifty Lose Early Gains After Opening Higher On FII Buying, Strong Earnings

Indian benchmark indices opened higher on Monday, with the Sensex gaining over 100 points and the Nifty 50 holding above 24,600. Continued foreign investor buying and better-than-expected corporate earnings supported sentiment. Pharma, IT and private banking stocks led sectoral gains, while investors remained watchful of crude oil and global cues