The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,520 level, a discount of nearly 40 points from the Nifty futures’ previous close.

The Indian equity market extended its winning streak for the fourth consecutive session on December 4, marking its longest rally in two months. The Nifty 50 index, which has seen a robust upmove over the past three trading days,

Investors in the domestic market are likely to remain cautious, while engaging in stock specific action, ahead of the RBI MPC meeting's announcement tomorrow

Nifty 50 jumped 0.70 per cent to the level of 24,445.80, breaking above its 50 and 100-day exponential moving averages (DEMA). The index has surpassed previous resistance levels.

The Indian stock markets surged for the third consecutive session, with the Nifty climbing to a one-month high and closing at 24,457, up 181 points. The Sensex followed suit, advancing by 598 points to settle at 80,

Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading higher on Wednesday, tracking firm global cues

The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,540 level, a discount of nearly 7 points from the Nifty futures’ previous close.

Indian benchmark equity indices, Sensex and Nifty50, opened marginally higher on Wednesday for the fourth straight session, driven by gains in heavyweight stocks like HDFC Bank, ITC, and L&T, ahead of the interest rate decision by the Reserve Bank of India later this week.