New Delhi, Sept. 4 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher amid positive cues, and new GST rates announcement.

The trends on Gift Nifty indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,974 level, a premium of nearly 161 points from the Nifty futures' previous close.

Benchmark equity indices Sensex and Nifty 50 finished the day on a positive note amid a fluctuating session on Wednesday, driven by a rise in metal stocks and positive sentiment regarding the GST Council meeting.

The Sensex gained 409.83 points or 0.51 percent, closing at 80,567.71. Meanwhile, the Nifty 50 rose by 135.45 points or 0.55 percent, ending at 24,715.05.

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