Stock Market Opens in Green; Sensex, Nifty Rise
Positive start as both benchmark indices show early gains….
Mumbai: The Indian stock market opened on a positive note Wednesday morning, with both the Sensex and Nifty posting early gains, reflecting a continuation of the bullish momentum seen earlier this week.
The BSE Sensex rose significantly in early trade, building on Tuesday’s close when it had added 158.32 points (0.19%) to settle at 82,055.11. Similarly, the NSE Nifty 50 was up by 72.45 points (0.29%), ending yesterday at 25,044.35 — crossing the crucial 25,000 mark for the first time in months.
As trading began today, IT, banking, and auto stocks led the rally, supported by strong global cues and easing inflation data from major economies. Heavyweights like *Reliance Industries, TCS, HDFC Bank, and **Maruti Suzuki* were among the early gainers.
Market sentiment was also buoyed by expectations of continued foreign institutional investor (FII) inflows and optimism surrounding the upcoming earnings season. Analysts believe that with improving macroeconomic indicators and stable oil prices, the Indian market could maintain its positive trajectory in the near term.
Experts are also keeping an eye on the *US Fed Chair’s upcoming speech* and inflation readings in the UK and Europe, which could influence global investor sentiment later this week.
Meanwhile, the broader markets also showed strength, with the *Nifty Midcap and Smallcap indices* trading in the green. Sectors such as *FMCG, pharma, and **real estate* showed mixed movement.
Investors are advised to remain cautious and look out for short-term profit booking, even as the long-term outlook for Indian equities remains strong.
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