The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,540 level, a discount of nearly 7 points from the Nifty futures’ previous close.

The two key equity benchmark indices, Sensex and Nifty, on Wednesday continued their upward momentum, with the BSE Sensex and NSE Nifty50 extending their rally into a fourth consecutive session, driven by gains in HDFC Bank,

India's benchmark equity indices, Sensex and Nifty50, opened marginally higher on Wednesday for the fourth straight session, driven by gains in heavyweight stocks like HDFC Bank, ITC, and L&T, ahead of the Reserve Bank of India's upcoming interest rate decision later this week.