Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex was above 76,700, Nifty50 was near 23,200.

The S&P BSE Sensex gained 144.53 points to 76,644.16, while the NSE Nifty50 added 16.15 points to 23,192.20 as of 9:30 AM.

Sensex climbed 437.73 points or 0.57 per cent to 76,767.74. Nifty stood at 23,219.55, up 133.60 points or 0.58 per cent. In the broader market, every two stocks advanced for even one that declined.

The Indian equity markets experienced a sharp decline on Monday, with the BSE Sensex and Nifty50 both trading deep in the red.

The performance comes ahead of the Budget 2025 announcement, with Q3 earnings, foreign investors flow and global trends emerging as key triggers currently. On January 14, 2025, the market is open despite the public holiday in many states due to the celebration of Makar Sankranti 2025.

Pharma index tumbled 1 percent led by a sharp downfall in Dr Reddy's, Lupin and Glenmark. A fall in HUL, ITC, and Nestle dragged the FMCG index lower by half a percent.

GMT+0000 (Coordinated Universal Time)Opening BellThe Indian stock market opened marginally higher Tue Jan 14 2025 03:42:33 GMT+0000 (Coordinated Universal Time)GIFT Nifty Signals Gap-Up Start for Dala

The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 23,280 level, a premium of nearly 118 points from the Nifty futures’ previous close.