Indian benchmark indices Nifty 50 and Sensex ended the previous trade session flat after hitting fresh record highs. Nifty 50 ended at 25,940.40, while Sensex ended at 84,914.04. Overnight, Wall Street indices Dow Jones and S&P 500 continued to post record highs.

The resurgence of buying interest propelled both the Nifty 50 and the Sensex to reach new milestones, showcasing the resilience of the market and the optimism among investors. The Nifty 50 surged by 0.

Indian equity markets were likely to open on a muted note, as indicated by GIFT Nifty futures, however, the record closing highs overnight on the Wall Street could boost sentiment.

GIFT Nifty was trading up 53 points or 0.20% at 26,012, indicating a positive start for the domestic indices NSE Nifty 50 and BSE Sensex. The Asian markets were trading on a higher note on Tuesday morning following overnight gains in the US markets.

The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 25,925 level, a discount of nearly 20 points from the Nifty futures’ previous close.

Indian equity benchmark indices, BSE Sensex and Nifty50, dropped in opening trade on Wednesday. While BSE Sensex was trading above 84,700, Nifty50 was near 25,900.

Sensex and Nifty traded on a flat note on Wednesday after hitting record highs for last four sessions, as traders are expected to take a breather, while they look for cues on the strength of the U.S.

That apart, a widely followed global stock index rose to a record high and copper prices hit their strongest level in 10 weeks on Tuesday after China unveiled stimulus measures to support its economy.