The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,810 level, a premium of nearly 35 points from the Nifty futures’ previous close.

Highlight: Broader markets also mirrored benchmarks, with Nifty Midcap100, and Nifty Smallcap100 ending down by 1.26 per cent and 0.30 per cent, respectively

Indian stock market opens with gains as Nifty 50 holds above 23,700 and Sensex rises 190 points. IT stocks see a positive trend, while Swiggy shares drop 8 per cent.