GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a muted opening on Wednesday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty traded down by 27 points or 0.11% at 24,690 indicating a muted opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 ended up by 126.20 points or 0.51% to settle at 24,698.85 while the BSE Sensex jumped 378.18 points or 0.47% to 80,802.86.

“The domestic market started the session with a strong surge, buoyed by positive global sentiment amidst Israel-Hamas ceasefire talks and diminishing US recession fears due to recent favourable data. Concurrently, easing geopolitical risks and weak China demand have led to a decline in crude prices, benefiting the domestic economy,” said Vinod Nair, Head of Research, Geojit Financial Services.

Stocks To Watch: Hindustan Zinc, Suzlon Energy, Glenmark Pharma, …