The BSE Sensex opened at 85,470.92 and is trading at 85,355.52, up 169.05 points or 0.20 per cent from the previous close of 85,186.47. The Nifty 50 also began on a positive note, opening at 26,132.10 and holding the same level in early trade,

Stocks moved mostly higher on Wednesday as Wall Street looked to recover from a tech-led sell-off as investors awaited earnings from Nvidia that will set the tone for the next leg

Major U.S. stock indexes finished mostly lower Friday, with the S&P 500 giving up gains as the closing bell neared. Investors are still missing key economic reports from the government despite its reopening earlier this week.

Nvidia soothed investors worried about an AI bubble with record sales and robust guidance. "AI is going everywhere," CEO Jensen Huang said.

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Indian stocks opened on the back foot Tuesday, with the Sensex and Nifty breaking a six-day winning streak, as investors pulled back ahead of a slate of U.S. economic readings that could shape expectations for a potential Federal Reserve rate cut next month.

All eyes are on Nvidia stock as the AI chipmaker prepares to release its fiscal third-quarter results and guidance after the market close.

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