Wednesday’s trading dawned positively for Indian markets, the third such green start in a row. Sensex opened 65.23 points higher at 84,339.15 versus 84,273.92 close. Nifty gained 62.3 points to 25,997.45 from 25,935.15.
By 9:25 AM, Sensex reached 84,374 (up 102 points, 0.1%), Nifty 25,979 (+44 points). Midcaps slipped 0.2%, smallcaps gained 0.1%.
Autos led with Nifty Auto up 1.34%, FMCG +0.18%; IT -0.45%, Bank -0.28%. Sensex gainers: Mahindra & Mahindra, Titan, Maruti Suzuki, Tata Steel, SBI, Sun Pharma. Losers: HCL Tech, Trent, TCS, Bharti Airtel, ITC, Larsen & Toubro.
Per Choice Broking’s Akash Shah, Nifty holds above key averages and 25,800-25,900 support. 26,000 resistance awaits; breach could amplify recovery via short covering. Downside guards: 25,800/25,700.
Positive structure suggests mild upside trading, focusing autos, metals, banks, earners. Caution near 26,000 mandates risk controls.
Sustained openings reflect improving sentiment, with auto strength signaling consumption revival, as markets eye breakout for next leg up.