Markets likely to open in green amid positive global cues

Indian equity markets are likely to make a positive start on Wednesday tracking gains in global markets, as crude oil prices extended declines on hopes that ‌the Strait of Hormuz could reopen after Iran resumed talks with Oman on managing the strategic waterway. Some support may come from foreign fund inflows. Foreign institutional investors (FIIs) remained net buyers in Indian equities for the second straight session on Tuesday, purchasing shares worth Rs 1,593.53 crore.

Some of the key factors to be watched: 

Goyal pitches India as trusted destination for data centres, cites $200 billion investment commitments: Commerce and Industry Minister Piyush Goyal has pitched India as a compelling destination for data centres, saying the country can work with Japanese companies to develop the sector and has already received investment commitments of about $200 billion from large hyperscalers globally.

RBI proposal to curb NBFCs' revolving credit may choke MSME funding: The Federation of Indian Micro and Small and Medium Enterprises (FISME) said Reserve Bank's proposal to bar NBFCs from providing revolving credit will disrupt legitimate working-capital finance used by small and medium enterprises, as it urged the central bank to reconsider the plan.

Infrastructure projects see cost overrun of Rs 3.4 lakh crore: According to a monthly government report for July 2026, Infrastructure projects worth more than Rs 150 crore each recorded a cumulative cost overrun of around Rs 3,40,504 crore.

Govt plans 100 new merchant vessels, cuts freight bills: Shipping Minister Sarbananda Sonowal said the government plans to add 100 more new vessels to its merchant fleet over the next five years to cut $75 billion in freight bills. 

Government eases sugar import norms: The government has extended the time period for processing and domestic sale of imported raw sugar to two months from the date of its entry, in response to the concerns raised by the industry over shipping delays.

Global front: U.S. markets settled in green on Tuesday as technology stocks recovered from a selloff ahead of AI heavyweight Nvidia's results and an inflation report key to shaping interest rate expectations. Asian markets are trading mostly in green on Wednesday following the broadly positive cues from Wall Street overnight. 

Back home, Indian equity benchmarks recovered their intraday losses and ended higher on Tuesday as fag-end buying and sharp decline in crude oil prices calmed investors' sentiment. Some support also came as exchange data showed Foreign Institutional Investors (FIIs) bought equities worth Rs 1,181.66 crore on Monday, snapping a two-session selling streak. Finally, the BSE Sensex rose 286.98 points or 0.37% to 77,656.09 and the CNX Nifty was up by 115.50 points or 0.48% to 24,334.55. 

Some of the important factors in trade: 

India working towards becoming $30 trillion economy by 2047: Union Minister of Commerce and Industry, Piyush Goyal has said that India recorded 7.7 per cent growth last year despite global uncertainties and is working towards becoming a $30 trillion economy by 2047. 

India, Cambodia complete BIT negotiations, agree to sign pact soon: With a view to boosting economic ties, the Commerce Ministry said India and Cambodia have completed negotiations for a bilateral investment treaty (BIT) and agreed to sign it at the earliest. The two sides also discussed ways to enhance cooperation in sectors such as agriculture, dyes and pigments, banking and insurance. 

FICCI flags widening trade deficit with Japan as concern for Indian exporters: Highlighting difficulties faced by Indian exporters in accessing the Japanese market, Industry chamber FICCI President Anant Goenka has said that the widening trade deficit with Japan is a matter of concern for Indian exporters.