Stock market today, Nov. 24 -- India's main stock indexes opened slightly higher on Monday, moving closer to all-time highs, driven by advancements in IT shares amid growing expectations of a potential rate cut by the Federal Reserve in December.

The Nifty 50 increased by 0.21% to 26,122.8, while the BSE Sensex gained 0.1% to reach 85,320.04, as of 9:15 a.m. IST.

Other Asian markets also experienced gains, with the MSCI Asia ex-Japan index rising by 1%, following comments from New York Fed President John Williams indicating that the US central bank might still consider lowering interest rates soon.

Lower interest rates in the US encourage economic growth there, which benefits sectors like IT and becomes more appealing to foreign invest...