Indian equity indices opened Wednesday’s trading session on a muted note, with a positive bias. The NSE Nifty 50 opened 21 points or 0.08% higher at 25,880. The BSE Sensex opened 48 points or 0.06% higher at 84,727.
The Bank Nifty opened flat at 59,035. However, the small and mid-cap stocks opened in the red. The Nifty Midcap opened 25 points or 0.04% lower at 59,686.
“With the ongoing weakening of the AI trade, FIIs are likely to turn buyers in India sometime in 2026. If, along with this, a US-India trade deal happens, FIIs will turn buyers in India. There is a likelihood of the rupee strengthening in H1 2026. Therefore, while FII selling is depressing stock prices now, investors should buy in anticipation of a 2026 rally,” said VK Vijayakumar, Chief Investment Strategist at Geojit Investments.
Let’s take a look at the key factors to watch out for today’s trading session
Early gainers and laggards
In early trade, among the Nifty 50, top gainers at this hour were Shriram Finance, Eicher Motors, SBI, Hindalco Industries, and Eternal (Zomato). On the flip side, the key laggards in the Nifty 50 pack included State Bank of India, Bharti Airtel, Shriram Finance, Axis Bank, and Tata Consultancy Services.
Major movers on Wednesday
The stocks that were the major movers in the opening trade included Bharti Airtel, Axis Bank, State Bank of India, Shriram Finance, and Reliance Industries, which were the major movers in the morning trade.