Tech heavyweights drive Sensex 450 pts higher, Nifty above 24,700

Indian stock markets opened higher, driven by global market gains and speculation on imminent U.S. Fed rate cuts. IndusInd Bank, UltraTech Cement, and TCS were among the gainers. Nifty IT sector also gained 0.9%, led by Coforge, Persistent, and TCS. Wall Street's optimism ahead of Fed Chair's address also supported the rise.