Sensex rises 400 points tracking global market mood; Nifty above 21,550

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Key Points

Following gains from global peers, Indian equity indices opened higher for the fourth consecutive day on Wednesday, led by banking, auto and IT stocks...

Nifty50 was trading at 21,560, up 118 points or 0.55% at around 10:16 am...

State-owned SJVN rose 4.4% after the company secured a 100 MW solar power project from Gujarat Urja Vikas Nigam, to be developed by its unit SJVN Green Energy at a tentative cost of Rs 550 crore...

A correction in the broader market is inevitable, Vijayakumar said.. Deven Mehata, Equity Research Analyst at Choice Broking, said, "Nifty can find support at 21,400 followed by 21,350 and 21,300..

Oil prices fell in early Asian trade on Wednesday, trimming strong gains from the previous session as major shipping firms began returning to the Red Sea despite continued attacks and escalating tensions in the Middle East...

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