In the Nifty 50 index, merely 4 stocks advance in the positive territory, whereas 46 stocks end in the red territory
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The indices opened largely steady but gathered steam as the day progressed. Sensex and Nifty were 0.7-0.8 per cent higher at the time of filing this report
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Foreign investors hold the largest bearish positions in India's stock market history, with a short 3.18 lakh index futures contracts. A big short covering rally is in the offing if BJP wins majority seats. Satta Bazar predicts BJP's easy win over more than 300 seats
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Nifty 50 index gained 20 points to 22,549.70 from the previous close of 22,529.05, while the Sensex also took a small lead of 91 points to 74,044.53 after closing at 73,953.31 on Tuesday
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Among the Nifty 50 companies, 31 advance while 19 decline in the opening session
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The market's reaction reflects the nervousness among investors regarding potential policy changes and highlights the impact of rumours on market sentiment
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