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Indian benchmark equity indices opened slightly higher on Wednesday, with BSE Sensex up 0.13% at 73,198 and Nifty50 up 0.2% at 22,261, as investors awaited U.S. inflation print for rate cut clues.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

The move, days after the company posted its best annual results, has triggered speculation that more such transactions could be in the offing. The collapse of the $7 billion sale last year after lengthy negotiations had reportedly led to divisions within the family, according to people with knowledge of the matter.

Finance minister Nirmala Sitharaman highlighted the importance of investor sentiment and financial stability at the Viksit Bharat 2047 event. She stressed the role of both BSE and NSE in ensuring market stability, leveraging technology for efficiency, and adopting a soft-touch regulatory approach.

Benchmark equities surged for the third consecutive day on Tuesday. PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, and Cipla are in focus for news developments and quarterly results. RVNL, Dixon, and Titagarh will also announce their fourth quarter results today.

The yen languished near a two-week low, as a still-gaping yield gap between local bonds and U.S. peers continued to encourage selling of the Japanese currency.