GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Wednesday. Here is all you need to know before the market opens.

GIFT Nifty traded up by 75 points or 0.33% at 22,834 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 ended down by 23.55 points or 0.10% to settle at 22,642.75, while the BSE dropped 58.80 points or 0.0.08% to 74,683.70.

“Markets traded volatile and ended almost unchanged, taking a breather after the recent surge. The beginning was upbeat however profit taking in select heavyweights pulled the index lower as the day progressed. Meanwhile, a mixed trend on the sectoral front kept the traders occupied where…