Today, the National Stock Exchange (NSE) Nifty index opened 100 points higher at 10,688.70 from its previous closing level of 10,584.75. However, after the opening, it crossed the psychological mark of 10,700 and again sustained its opening level. On the other hand, while the Sensex is trading higher by over 400 points.
It is a strong opening in the market due to strong global cues.
The top gainers among Nifty50 are Infosys, Eicher Motors, ICICI Bank, IndusInd Bank, and Tech Mahindra, however, the top losers are Bharat Petroleum, ONGC, and NTPC etc.
Update: The Indian Rupee opened at a two-week high of 73.41 dollars on Wednesday versus the previous close of 73.46.
Oil Update: US oil prices extended gains on Wednesday after industry data showed a surprise decline in US crude inventories.