The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,520 level, a discount of nearly 40 points from the Nifty futures’ previous close.

The Indian market closed higher on Wednesday, marking its fourth consecutive session of gains, driven by a rally in banking stocks amid rising optimism that the Reserve Bank of India (RBI) may announce a cash reserve ratio (CRR) cut later this week.

Investors in the domestic market are likely to remain cautious, while engaging in stock specific action, ahead of the RBI MPC meeting's announcement tomorrow

The Indian equity market extended its winning streak for the fourth consecutive session on December 4, marking its longest rally in two months. The Nifty 50 index, which has seen a robust upmove over the past three trading days,

The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday.

Understanding Nifty, Nifty Futures, and Options in Indian Stock Market By Irshad Mushtaq The Nifty, short for the National Stock

The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,540 level, a discount of nearly 7 points from the Nifty futures’ previous close.