BSE Sensex and Nifty50, the Indian equity benchmark indices, closed in green on Wednesday. While BSE Sensex was above 76,700, Nifty50 was over 23,200.

The Indian stock market indices, Sensex and Nifty 50, are likely to open higher on Wednesday, tracking gains in global peers.The trends on Gift Nifty also indicate a positive start for the Indian benchmark index.

The Indian equity market closed in the green on Tuesday amid favourable domestic and global cues, as Adani Enterprises was the top Nifty 50 gainer.

Indian benchmark indices Nifty and Sensex ended on Tuesday with modest gains, breaking a four-day losing streak, as a strong rally in banking, metal, and energy stocks lifted sentiment. However, a selloff in IT and FMCG stocks kept investors cautious.

In an attempt to regain control, Bulls pushed the Sensex up by 169.62 points, or 0.22%, to 76,499.63. Likewise, Nifty 50 jumped 90.10 points, or 0.39%, to settle at 23,176.05.

The Nifty 50 ended the session with a gain of 0.35% at 23,167, while the Sensex closed at 76,500 marking a 0.22% increase from the previous close. Likewise, the Nifty Smallcap 100 index rose by 1.97% and the Nifty Midcap 100 index concluded the day with a gain of 2.