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Opening bell: Sensex starts in green, Nifty above 22,204.70 helobaba.com

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NEW DELHI: Equity benchmark Indices Sensex and Nifty starts flat on Wednesday. Sensex was trading at 73,154.08, as it rose by 58.86 from its previous close whereas Nifty was trading at 22,204.70 in early morning trade.
Among Sensex, Bharti Airtel, Tata Motors, State Bank of India, Tata Steel, Reliance Industries, and Kotak Mahindra Bank recorded significant gains. On the other hand, Asian Paints, UltraTech Cement, Wipro, and Larsen & Toubro experienced a decline in their stock prices.
In the Asian markets, Seoul witnessed an increase, while Tokyo, Shanghai, and Hong Kong observed a decrease in trading.
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, stated that the market is expected to remain range-bound due to the absence of significant positive or negative triggers.
The global oil benchmark, Brent crude, declined by 0.40% to USD 83.30 per barrel. Foreign Institutional Investors (FIIs) sold equities worth Rs 1,509.16 crore on Tuesday, as per exchange data.
Sensex and Nifty, on Tuesday witnessed a strong recovery and recorded gains despite a slow start to trading session. Sensex rose by 305.09 points, closing at 73,095.22, while Nifty climbed 76.30 points, settling at 22,198.35. The positive momentum across the market, with 28 Nifty companies climbing and 22 declining.
The global oil benchmark, Brent crude, declined by 0.40% to USD 83.30 per barrel. Foreign Institutional Investors (FIIs) sold equities worth Rs 1,509.16 crore on Tuesday, as per exchange data.

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