Mumbai, June 5 -- The Indian stock indices opened higher on Thursday despite mixed global cues.

The market experts believe that the investors are buoyed by the hopes of developments in the India-US trade deal and a rate cut by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI).

At the opening of the trading session today, the Sensex was up 26.22 points or 0.03 per cent, at 81,024.47, and the Nifty 50 at the National Stock Exchange (NSE) was up 8.65 points or 0.04 cent, at 24,628.85.

The stocks of Dr Reddy's Labs, Eternal, Shriram Finance, Power Grid Corp, and Cipla were among the major gainers on the Nifty, while Tata Consumer, Nestle, Titan Company, Axis Bank, and SBI Life Insurance were losers.

At the opening, al...