Indian stock market: 7 things that changed for the market overnight - Gift Nifty, India’s CAD, weak dollar to oil prices

The S&P BSE Sensex was up 359.91 points at 64,723.69 at 9:40 am, while the NSE Nifty 50 rose 110.05 points to 19,340.65.

Indian stock market: Gift Nifty was trading around the 22,540 level, a premium of nearly 50 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.

Indian shares logged their second straight week of gains, with the benchmark Nifty 50 index hitting record highs in all five sessions, buoyed by a rise in heavyweight financials. As the index closed above the crucial resistance level of 22,200, with the next resistance seen at 22,400. Short-term support is positioned at 21,900. As long as Nifty maintains levels above 21,900, the index may continue to be considered a buy on dips

Indian equity markets started positively, but weak sentiments persist after the central bank's decision to maintain the key rates unchanged, as a caution towards inflation, while positive macro news buoyed the market. 75 smallcap stocks delivered double-digit gains with the top gainers being Greenlam Industries, EKI Energy Services, Suzlon Energy, and Indian Hume Pipe Company. Midcap segments, only Torrent Power, Hindustan Aeronautics, and Ajanta Pharma traded in the double digits. L&T was the top performer in the Sensex market. The release of May's domestic inflation data and the outcomes of the FOMC meeting is expected to play a role in shaping the market trend.

Indian stock market: Gift Nifty was trading around 22,088 level, as compared with Nifty futures’ previous close of 22,015, indicating a mildly positive start for the Indian stock market indices.

By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) -Treasury yields fell on Wednesday while the dollar gained and MSCI's global stock index barely rose as U.S. Federal Reserve officials provided

The 30-share BSE Sensex climbed 335.39 points or 0.46% to settle at 73,097.28 with 20 of its constituents ending in the green and 10 in the red. During the day, it jumped 602.41 points or 0.82% to 73,364.30. The broader Nifty gained 148.95 points or 0.68% to close at 22,146.65 as 37 of its components settled higher and 13 with losses.

The S&P BSE Sensex rose 178.58 points to 72,026.15, while the NSE Nifty50 rose 52.20 points to settle at 21,710.80. Broader market indices also gained in line with the benchmarks.

From the Sensex pack, HCL Tech, Infosys and TCS were the top gainers, rising 1-2%. Titan, Reliance, Sun Pharma, Wipro and Axis Bank also opened with gains. Meanwhile, only Tata Steel opened with the cuts.

Day trading stocks: Market experts have recommended six stocks to buy today — Shriram Finance, SJVN, Jindal Steel & Power, Dabur, Mazagon Dock Shipbuilders and JK Paper.