The trends on Gift Nifty also indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 22,467 level, a premium of nearly 26 points from the Nifty futures’ previous close.

Indian benchmark indices, Sensex and Nifty traded higher on Wednesday, following gains in Asian peers, after Nifty faced its longest losing streak in three decades on Tuesday, driven by rising global trade tensions from U.

All sectoral indices saw a bull trend with metal, IT, PSU Bank, oil and gas and auto stocks surging the most. Sensex is shy of the 74,000 mark, and Nifty neared 22,400 levels. Indian equities outperformed Wall Street which saw a bearish trend after Trump threatened to impose reciprocal tariffs on foreign nations from April 2.