Indian Stock Market Trading Updates by Marketmagnify

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Equity benchmarks turned volatile after strong opening on Wednesday. The 30-share BSE Sensex opened more than 100 points higher but could not sustain entire gains. The index rose 53.10 points to 25869.46 and the 50-share NSE Nifty advanced 7.15 points to 7921.85. HDFC gained 2.4 percent after the company's board approved 10 percent stake sale in its insurance arm HDFC Life Insurance through public offer. 

TCS fell 1.6 percent after missed analysts' expectations on Q4 margin front, though profit beat forecast. The Indian rupee gained in the early trade today. It has opened higher by 28 paise at 66.27 per dollar versus 66.55 Monday.Telecom stocks such as Bharti Infratel and Idea Cellular also came under selling pressure in early trade. Zee Entertainment, M&M and Maruti Suzuki were other Nifty stocks trading sharply lower.