Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Thursday's session sharply higher tracking strength across global markets, after a better-than-expected inflation reading from the US eased growing concerns about steep hikes in COVID-era interest rates.

Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — jumped as much as 211.5 points or 1.2 percent to 17,758 ahead of the opening bell on Dalal Street.

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