Indian benchmark indices Sensex and Nifty began positively on Wednesday, fueled by financial and automotive sectors. This surge followed the government's optimistic remarks on trade discussions with the US and anticipation of a Federal Reserve interest rate cut. The S&P BSE Sensex climbed by 0.21%, while the NSE Nifty increased by 0.24% at the opening.
Indian benchmark indices Sensex and Nifty opened higher on Wednesday, with financials and IT stocks driving gains, after the government described its ongoing trade negotiations with the US as "positive" and "forward-looking". Investor sentiment was further lifted by expectations that the Federal Reserve would cut interest rates later in the day.
The S&P BSE Sensex rose 170.05 points, or 0.21%, to 82,550.74 at the open, while the NSE Nifty advanced 61.15 points, or 0.24%, to 25,300.25.