Mumbai
Benchmark Indian equity indices opened higher on Wednesday, supported by domestic buying and positive global cues. The BSE Sensex gained 115.8 points to 85,640.64, while the NSE Nifty rose 40.7 points to 26,217.85 in early trade.
Among Sensex stocks, Bajaj Finance, NTPC, Trent, Bharat Electronics, Adani Ports, and Eternal led the gains. Tech Mahindra, Infosys, HCL Tech, and Sun Pharma saw early losses. Asian markets, including South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite, and Hong Kong’s Hang Seng, also traded higher, reflecting global optimism. US markets had ended positive on Tuesday, further boosting sentiment.
VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said the market is in a consolidation phase with an upward bias as 2025 ends. Strong domestic economic indicators and positive earnings expectations for Q3 and Q4 FY26, and FY27, provide a solid foundation. He added that sustained domestic institutional inflows will support resilience, although sharp breakouts may be limited by potential FII selling.
Vijayakumar also highlighted the RBI’s decision to conduct an additional Open Market Operation (OMO) of ₹2 lakh crore, which will improve liquidity, lower yields, and benefit banking and credit-linked stocks.
Investors remain cautiously optimistic, tracking both domestic developments and global market trends for further cues.
