Indian benchmark indices broke a two-session losing streak on Wednesday, buoyed by positive global market cues and a retreat in crude oil prices that helped restore investor confidence.
The Sensex and Nifty 50 closed higher, reversing recent downward pressure.
5 mark. This pre-market indicator was down over 95 points from the previous close of Nifty futures, highlighting the initial uncertainty before the broader market opened.
Bharti Airtel and Bharat Petroleum Corporation Ltd (BPCL) were among the key stocks driving the rally, alongside Indian Bank.
The softer energy backdrop provided relief to cost-sensitive sectors and improved overall market sentiment.
The recovery follows a period of volatility, with the Gift Nifty indicating a positive start to the session, trading near the 24,187.5 mark.
This pre-market indicator was down over 95 points from the previous close of Nifty futures, highlighting the initial uncertainty before the broader market opened.