Indian equity markets surged, lifted by bank stocks, on Friday ahead of the 10 a.m. press conference by Reserve Bank of India (RBI) Governor Shaktikanta Das.
Most analysts expect the RBI to cut interest rates besides announcing other liquidity support measures.
The benchmark S&P, BSE Sensex opened at 31,025.79, 1079.02 points or 3.60 percent up compared to its previous close at 29,946.77.
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