Sensex and Nifty higher on Wednesday ahead of the Reserve Bank of India's policy meeting, where the central bank is expected to maintain interest rates.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 25,013.15, while Sensex ended at 81,634.81. Overnight, Wall Street indices staged a comeback as oil prices eased amid the ongoing tensions in the Middle East.

The Gift Nifty was trading 8 points below Tuesdays wrap up on Nifty Futures, indicating a flat start for the Indian market despite the Asian markets rally.

Share Market Today: Foreign institutional investors (FIIs) continued their selling trend, net selling shares worth Rs 5,729.60 crore, while domestic institutional investors (DIIs) net purchased shares worth Rs 7,000.68 crore, on Wednesday, October 8.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 24,795.75, while Sensex ended at 81,050.00. Overnight, Wall Street indices ended lower. Asian stocks declined in early morning trade today.

The early Gift Nifty trend is a negative trend, which means that Tuesdays opening bell for the Indian benchmark indices is probably going to be lower. In contrast, the GIFT Nifty is down 118 points from the Nifty futures level,

Stock Market LIVE Updates | Domestic markets faced continued pressure for the sixth consecutive day, as selling in major stocks from various sectors led to a decline in the Nifty.

GIFT Nifty futures, trading around 100 points behind Nifty futures' last close, indicated a lower open for Indian markets, amid weak global sentiment.