New Delhi: Shares in India rose slightly on Wednesday at the open of the session despite the negative trends of the global markets as indicators showed that the demand for vaccines remained strong. The good performance in the ppD ESPM program overshawdowed the decline in Jeevan Light’s performance. The opening of the markets does not seem to be assuring with BSE Sensex increasing by 309,264 points which would be around 0.40 percent to an aggregate of 76,809.277 while Nifty saw an increase of 82.10 points equating to 0.35 percent enabling them to begin the day on 23258.15 Sensex in touch.

Stock Market Today: Gainers Highlights

Among these big gainers we can start off with NTPC, Maruti Suzuki, Coal India, Power Grid along with Kotak Mahindra Bank and other Nifty shares.

Share Market Today: Losers Highlights

The losing side of today’s stock market includes these shares Bajaj Finserv, Bajaj Finance, Shri Ram Finance along with a few more on NSE.

Sensex Today: Gainers Highlights

More big gainers include Power Grid, NTPC and Zomato stocks that are performing well on BSE.

While the global markets are being cautious especially in the US as the investors patiently wait for the upcoming retail inflation data to be released today which will be factoring into the Fed's outlook during it’s next meeting.

In India, there was strength provided by domestic investors, while FPIs continued to book profits. On a Tuesday, FPIs sold Indian equities amounting to Rs 8132.26 crores whereas DII purchased equities amounting to Rs 7901.06 crores.

The Indian sentiment is also influenced by the upcoming 3rd quarterly earnings along with the Union Budget for 2025. Moreover, there is also a policy meeting which is to be conducted by  the Reserve Bank of India next month, which the investors are attentive about.

At the same time, there have been discussions surrounding the changes to The Reserve Bank of India’s policy of foreign exchange intervention. According to an estimation of insiders in the market, the central bank does not intervene except to prevent excessive volatility in the market adjusting bias exchange rates against currencies.

The Indian Rupee on Tuesday plummeted to 86.69 rupees against the dollar, which is the lowest recorded, and this is as oil importers coupled with foreign investors increased their demand for US dollars. The session ended with a dollar equating to 86.64 rupees, indicating that this is the lowest closing value recorded to date.