Research at Hensex Securities, bulls are accumulating at lower levels, and we are witnessing the Nifty 50 and Sensex rebound from their current crucial support at 22,750 to 22,800 and 74,800, respectively.

The BSE Sensex closed at 75,967.39, down 29.47 points or 0.04 per cent from its previous close on Tuesday. NTPC, Zomato, Power Grid and Tech Mahindra were the top gainers.

Indian stock markets opened on a weak note for the sixth consecutive session on Wednesday, with both the Sensex and Nifty slipping into the red amid bearish global cues. The NSE Nifty 50 declined by 28.95 points or 0.13% to 23,042.85, while the BSE Sensex dropped 105.36 points or 0.14% at 76,188.24 the opening bell.

Broad-based selling pressure dragged the Indian stock market in the early trade of5. Sensex erased as much as 645 points to hit below 75,300 levels, while Nifty 50 nosedived by about 204 points to breach the 22,

The Indian stock market ended trading on Tuesday in red. While the decline remained marginal, the indices settled in the negative territory. This decline was attributed to outflows from foreign investors and a slowdown in corporate earnings which dented the sentiment among investors.

The 30-share BSE benchmark Sensex declined 29.47 points or 0.04 per cent to close at 75967.39. The NSE Nifty went up by 14.20 points or 0.06 per cent to close at 22945.30.

The BSE Sensex was trading at 75,613.32, down 383.54 points or 0.50 per cent. Nifty stood at 22,815.85, down 143.65 points or 0.63 per cent. Small and midcap (SMID) indices fell 1-2 per cent.