(Reuters) -Indian equities opened higher on Monday, tracking gains across Asia, on optimism that a resolution to the historic U.S. government shutdown is near.
The Nifty 50 rose 0.32% to 25,567.05, while the BSE Sensex added 0.29% to 83,460.6 as of 9:20 a.m. IST.
Other Asian markets rose 0.9%, after the U.S. Senate advanced the government funding bill to end shutdown, moving it closer towards passage. [MKTS/GLOB]
An end to the 40-day shutdown could spur a short-term rise in markets, two analysts said.
On the day, 15 of the 16 major sectors advanced. The broader small-caps and mid-caps rose about 0.4% each.
Bajaj Auto rose 0.5% and beauty retailer Nykaa gained 2.7% after posting a rise in quarterly profit.
($1 = 87.8950 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sumana Nandy and Mrigank Dhaniwala)
