The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,150 level, a premium of nearly 2 points from the Nifty futures’ previous close.

Highlights: Among the broader markets, the Nifty Smallcap 100 index gained 0.12 per cent, while the Nifty Midcap 100 index edged lower by a marginal 0.01 per cent

The Indian stock market witnessed broad-based buying on Wednesday (January 29), with the Nifty reclaiming the 23,100 mark and the Sensex closing above 76,500. The Sensex gained 632 points to end at 76,