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The market is likely to see a strong start, following strong handover from Wall Street as well as Asian markets. In fact, SGX Nifty trends indicate a gap-up opening for D-Street.
Benchmark indices closed higher for the third consecutive session on Tuesday, backed by a healthy start to September quarter earnings season, rising rupee and falling oil prices.
The 30-share BSE Sensex gained nearly 300 points while the Nifty50 closed 72.30 points higher at 10,584.80 and made a small bullish candle on the daily charts.
"The Nifty50 appears to have made most of the gains in the first one hour of trade before signing off the session with a small bullish candle suggesting a narrow range for the day,"
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