Mumbai, Aug. 13 -- Indian stock markets opened on a positive note on Wednesday as investor sentiment was lifted by further moderation in domestic inflation and strong global cues.

However, the focus remains on the upcoming meeting between US President Donald Trump and Russian President Vladimir Putin later this week.

The Nifty 50 index began the day at 24,579.60, up 92.20 points or 0.38 per cent, while the BSE Sensex opened at 80,525.05, gaining 289.46 points or 0.36 per cent.

According to Motilal Oswal Financial Services, "India's July inflation has eased to an 8-year low of 1.55 per cent from 2.1 per cent previous month, significantly below the RBI's projection of 3.1 per cent, raising expectations of an interest rate cut by the cent...