The benchmark indices opened in positive territory on Wednesday with the BSE Sensex rising 58.96 points or 0.07 per cent to 84,687.12 at 9.50 am, while the NSE Nifty gained 34.15 points or 0.13 per cent to 25,970.35. The Sensex had closed at 84,628.16 on Tuesday and opened at 84,663.68 today, while the Nifty closed at 25,936.20 and opened at 25,982.00.
Market participants are drawing confidence from robust foreign institutional investor (FPI) inflows, with provisional data showing FPIs were net buyers to the tune of ₹10,399 crore on Tuesday. “Overall, risk appetite remains constructive, with investors drawing confidence from resilient domestic fundamentals and supportive global cues,” said Ponmudi R, CEO of Enrich Money. “A dovish tone from the U.S Federal Reserve could further boost

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