Indian Equity Benchmarks Open Strong

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday, continuing their positive momentum. The BSE Sensex climbed above 78,100, while Nifty50 was above 23,700, marking a significant uptick in early trading hours.

Market experts anticipate a continued upward trajectory, supported by foreign institutional investor inflows, a robust Indian rupee, and optimistic signals from American markets.

Global Market Influence

US equities finished higher on Tuesday, with Apple showing gains while Nvidia declined. Asian equities registered small increases during early Wednesday trading, as traders evaluated mixed signals from US consumer confidence data and the late upturn in US markets.

Commodities and Forex

Gold maintained its price levels on Wednesday whilst traders adjusted their positions, anticipating US President Donald Trump's comprehensive reciprocal tariff proposals. Oil increased during early Wednesday trading in Asia, driven by supply concerns following US President Donald Trump's tariff threats against nations importing Venezuelan oil and gas.

Investment Strategies

Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, shares insights on the market's resilience and the potential impact of upcoming reciprocal tariffs. "Fairly valued high quality financials will continue to be resilient," he notes.