A Oneindia Venture

Closing Bell: Sensex Ends 144 points Higher, Nifty 50 Settles At 24, 855; Tata Motors, Hero Motocorp Top Loser

The market opened on a flat to positive note on Wednesday, with the Sensex rising 30 points and the Nifty holding steady above the 24,850 mark.

The GIFT Nifty is signaling a flat to slightly negative start for Indian equities on Wednesday, down 17 points at 24,822.50 as of 7:45 am. This suggests that benchmark indices Sensex and Nifty may open on a subdued note amid cautious investor sentiment.

Stock Market Recap

On Tuesday, the Indian stock market saw a positive shift, ending a three-day decline. The BSE Sensex rose by 446.93 points, or 0.55%, closing at 81,337.95. Meanwhile, the NSE Nifty increased by 140.20 points, or 0.57%, finishing at 24,821.10. This recovery was driven by value buying in major stocks such as Reliance Industries and HDFC Bank.

Stock Market Live Update

Despite this rebound, investor sentiment remained cautious due to ongoing foreign portfolio outflows and uncertainties related to a potential trade agreement with the United States. Most sectors ended in positive territory, with metals and pharmaceuticals leading the gains.

Dalal Street Ahead on Wednesday

Looking ahead to Wednesday's market action on Dalal Street, several factors will play a role in shaping investor decisions. These include upcoming earnings announcements from key companies such as Power Grid, IndiGo, Tata Steel, Hyundai, and PNB.

Investors will also keep an eye on global developments like the Federal Reserve's policy decision and any progress in US-China trade talks that could influence market trends.

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