The Indian stock market is expected to open higher on Thursday, supported by positive trends in Gift Nifty. Despite volatility in Wednesday’s session, indices like Nifty 50 and Sensex closed with gains,

Indian equity markets ended the session on a strong note, with the Nifty closing at a three-week high, buoyed by gains in HDFC Bank and Adani Group stocks. The Sensex rose 230 points to close at 80,234,

Short term trend for Benchmark Nifty 50 index is positive and once nifty surpasses the near-term hurdle of 50 days EMA (exponential Moving Average) placed at 24397, the next resistance comes in at 247

Indian equity benchmark indices, BSE Sensex and Nifty50, opened flat in trade on Wednesday. While BSE Sensex was above 80,000, Nifty50 was near 24,180.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 24,274.90, while Sensex ended at 80,234.08. Overnight, Wall Street indices ended lower, with S&P 500 and Dow Jones down 0.