Indian equity indices opened Wednesday’s trading session on a higher note. The NSE Nifty 50 rose 40 points or 0.16% to open at 25,186. The BSE Sensex opened 134 points or 0.16% higher at 82,164.

The Bank Nifty opened 100 points or 0.18% higher at 56,597. Similarly, the small and midcap stocks opened the day on a positive note. The Nifty Midcap surged 193 points or 0.33% to open at 58,517.

“The drift in the market due to a lack of positive triggers and renewed selling by FIIs poses short-term challenges to the market. It is important to appreciate the fact that the biggest challenge to the market is the poor earnings growth, and this is the fundamental factor behind FII selling. The Q2 results are unlikely to change the sentiments since the postponement of buying following the GST cuts im

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