Wed Jan 29 08:13:32 UTC 2025: ## Indian Markets Open Higher, Awaiting US Fed Decision and Budget

**MUMBAI, INDIA** – Indian stock markets opened strong for the second consecutive day on Wednesday, boosted by gains in the IT and financial sectors. The benchmark BSE Sensex climbed 295 points (0.39%) to 76,182, while the Nifty 50 rose 77 points (0.33%) to 23,034 by 9:18 am.

Investor attention is currently divided between the upcoming US Federal Reserve interest rate decision later today and the highly anticipated Union Budget scheduled for this weekend. These two events are expected to significantly influence market trends in the coming days. Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted the positive opening.

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