FIRST TRADE: Indices open higher; Sensex up 283 pts, Nifty at 24,297

Indian equities successful Tuesday's league opened higher opened higher after crisp gains implicit the past 2 trading sessions. At the open, Sensex was up 0.35 per cent oregon 282.85 astatine 80,392.7, portion the Nifty opened higher by 0.31 per cent oregon 75.1 points astatine 24,297 amid across-the-board buying.

Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, "The two-day rally successful the

market is improbable to prolong beyond a constituent since net concerns are large headwinds. The interaction of abbreviated covering and the affirmative sentimental effect of the Maharashtra predetermination results volition beryllium temporary. Too overmuch should not beryllium work into the FIIs turning large buyers yesterday since that was owed to MSCI rebalancing with higher weightage to HDFC Bank. Leading banks volition stay resilient owed to accordant buying and tenable valuations."

Prashanth Tapse, Senior VP (Research), Mehta Equities held that eyes are present connected FIIs, who person sold Rs. 30,999 crores this November—any abbreviated covering could spot Nifty closing supra 24,500 by the F&O expiry connected 28th November. 

Wall Street’s rally and a dip successful WTI crude beneath $69.50 connected ceasefire hopes person boosted sentiment, helium added.

Asian markets

Asian markets traded mixed with the Japan's Nikkei scale down implicit 1 per cent arsenic the US President Donald Trump's caller commercialized tariffs weighed connected sentiments.