Wed Jan 29 05:43:58 UTC 2025: ## Indian Markets Open Higher, Awaiting US Fed Decision and Union Budget
**MUMBAI, INDIA** – Indian stock markets opened higher for the second consecutive day on Wednesday, boosted by gains in the IT and financial sectors. The BSE Sensex rose 295 points (0.39%) to 76,182, while the Nifty 50 gained 77 points (0.33%) to reach 23,034 by 9:18 am.
Investor attention remains firmly fixed on two key events: the US Federal Reserve’s interest rate decision later today and the upcoming Indian Union Budget this weekend. Both are expected to significantly impact market sentiment. Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted the positive opening.
First Piper 