Indian markets witnessed a firm start on Wednesday as the Sensex gained over 60 points to start trading at 84,692.31, while the Nifty inched up nearly 60 points to ring the opening bell at 25,994.00.
In the pre-open session at around 9:06 AM, the Sensex was trading a little over 84,600, higher by over 40 points and the Nifty tested 26,000, rising nearly 60 points.
At 8:33 AM, the Gift Nifty was trading at 26,162 or 36.50 points higher, indicating this firm opening of the session.
How Did The Markets Perform Yesterday?
On October 28, the markets witnessed a volatile trading session, as the Nifty slipped below the 25,950 mark. The Sensex declined 150.68 points, or 0.18 per cent, to close at 84,628.16, while the Nifty settled 29.85 points, or 0.11 per cent, lower at 25,936.20.
Most sectoral indices ended in negative territory, dragged down by losses in realty, IT, and FMCG stocks. Gains in metal and banking shares, however, helped limit the overall decline. Broader markets remained largely unchanged, reflecting selective buying rather than a broad-based recovery.
On Tuesday, “The domestic market traded with volatility and ended nearly flat, pressured by profit booking on monthly expiry and subdued global cues,” said Vinod Nair, Head of Research at Geojit Financial Services.
