Stocks in Focus: GIFT Nifty traded at 19,781.50, marginally up 0.03%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex. On Tuesday, the NSE Nifty 50 rose 0.91% to settle at 19,689.85, while the BSE Sensex added as much as 566.97 points to 66,079.36. 

“The Indian market completely recovered yesterday’s losses which was mainly due to the Hamas-Israel conflict. Moderation in crude prices and positive global cues on account of dovish remarks from Fed officials, which restrained US bond yields, aided the rebound. The domestic market’s primary focus is currently on the approaching result season, with optimistic expectations on earnings,” said Vinod Nair, Head of Research at Geojit Financial Services.

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