Indian markets opened higher on Wednesday led by gains in banks and financial sector stocks amid supportive global markets.
At 9.45 a.m., the Sensex was trading 121.86 points higher at 38,627.95. It opened at 38,637.05 from its previous close of 38,506.09.
The broader Nifty also gained 47 points to trade at 11,461.55 points in the morning.
On Tuesday, domestic markets ended higher on the back of firm global cues on optimism related to the US-China trade deal.
US markets ended higher tracking strong corporate earnings results, ICICI securities said in a note.
Foreign Institutional Investors (FIIs) bought Rs 436.02 crore worth of stocks, while the Domestic Institutional Investors purchased Rs 929.39 crore worth of scrips on Tuesday.
Sensex crosses 74K mark in 1000 points rally
Among the Sensex stocks, Bajaj Fnserv is up more than 4 per cent, Bajaj Finance is up more than 3 per cent. M&M is up 3.3 per cent, SBI is up 2.8 per cent, Powergrid is up 2.5 per cent, L&T is up 2.3 per cent.
Adani Green's solar power plant to produce 540 mn units annually operationalised in Rajasthan
Adani Green Energy Limited (AGEL) on Wednesday said it has commissioned a 180 MW solar power plant at Devikot in Jaisalmer, Rajasthan.
India’s forex reserves surge for 3rd week in row to touch $642.5 billion mark
India's foreign exchange reserves surged by $6.4 billion to touch a robust $642.5 billion for the week ended March 15, the latest data released by the RBI on Friday showed.
India is the next big playground for AI: Samsung VC, CEO JH Han
Samsung Electronics Vice Chairman, CEO and Head of the Device eXperience (DX) Division Jaong-Hee (JH) Han, who visited Samsung BKC at Jio World Plaza, Mumbai for the first time since the store's opening, said on Friday that India is the next big playground for artificial intelligence (AI).
'The Adani Green Energy Gallery' at UK's Science Museum to showcase sustainable future: Gautam Adani
Adani Group Founder and Chairman, Gautam Adani, on Friday said that he is glad to see the new 'Energy Revolution: The Adani Green Energy Gallery' becoming a reality in partnership with the The Science Museum in the UK.
Sensex up more than 700 points
The uncertainty regarding the Fed decision is over with the Fed keeping the rates unchanged and refraining from a hawkish message, says V. K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
30 Indian startups secure $287 million funding this week
Lithium-ion battery pack maker Lohum secured $54 million (Rs 450 crore) in series B funding from Singularity Growth, Baring Private Equity, Cactus Venture Partners and Venture East, among others.
India’s forex reserves scale two-year high of $636.1 billion
India's foreign exchange reserves surged by a whopping $10.47 billion to scale a two-year high of $636.1 billion for the week ended March 8, the latest data released by the RBI on Friday showed.