Market Overview The Indian stock market continues its positive momentum on Wednesday, February 5, 2025. Current Market Indices • NIFTY 50: 23,771.80, up 33 points (0.14%) • Sensex: 78,585.29, up 1 point (0.0019%) • Bank Nifty: Currently trading above 50,000 level Global Market Cues • Asian Markets: Positive sentiment • Nikkei: Up 0.12% • Kospi: Jumped 1.06% • Australia’s ASX 200: Gained 0.75% Key Market Drivers • Foreign Institutional Investors (FIIs) bought shares worth ₹890.23 crore • Domestic Institutional Investors (DIIs) sold shares worth ₹430.70 crore • Positive global cues from US markets • Anticipation of Q3 earnings from companies like Swiggy, Zydus Life, and Cummins Active Stocks Recommended Stocks for Trading: • L&T Technology Services • GAIL India • Kotak Mahindra Bank • Nykaa • IndusInd Bank Market Outlook Analysts suggest a bullish trend with potential movement towards 23,900-24,200 levels. The market is showing strength above the 200-day Exponential Moving Average (EMA).