
A sustained rally for Nifty requires a move above 23,400. Experts suggest that holding above 23,000 is crucial for a positive near-term trend.
Easing geopolitical tensions have led to a significant decline in crude oil prices and a rise in equity markets.
The Metal index saw the highest gains during Wednesday's trading session. It ended as the top gainer with a rise of 2.63%. All 16 sectors closed in the green, with the Metal index leading.