Stock market today: Nifty50 opens near 25,300; BSE up almost 150 points, crosses 82,500

Stock marketplace today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened successful greenish connected Wednesday aft a beardown marketplace rally connected Tuesday. While Nifty50 was supra 25,250, BSE Sensex was up astir 150 points.

At 9:16 AM, Nifty50 was trading astatine 25,291.15, up 52 points oregon 0.21%.

BSE Sensex was astatine 82,529.37, up 149 points oregon 0.18%.Looking ahead, marketplace observers expect continued upward movement, whilst monitoring important commercialized developments and the Federal Reserve's involvement complaint decision, which volition beryllium instrumental successful determining short-term marketplace direction.The 3 main US banal indices ended little successful volatile trading connected Tuesday arsenic investors exercised caution earlier the anticipated Federal Reserve complaint decision.Asian indices showed humble declines astatine opening pursuing subdued US trading, arsenic investors remained cautious up of Wednesday's Federal Reserve involvement complaint announcement.Oil prices remained unchangeable during aboriginal Wednesday trading, pursuing the erstwhile day's surge of implicit 1% owed to drone strikes connected Russian ports and refineries. Market participants await the anticipated complaint determination from the U.S. Federal Reserve.

Foreign portfolio investors purchased shares worthy Rs 308.32 crore nett connected Tuesday. Domestic organization investors were nett purchasers, investing Rs 1519 crore.(Disclaimer: Recommendations and views connected the banal marketplace and different plus classes fixed by experts are their own. These opinions bash not correspond the views of The Times of India)