Indian stocks jumped on Wednesday with NSE Nifty and BSE Sensex touching all-time highs on back on sustained buying in blue-chip companies. Indian markets opened positive on Wednesday. Yesterday’s trade remained lower but towards the final hour, markets recovered and closed positive. The positive sentiment is likely to continue this week.

US markets closed mixed on Tuesday with no major triggers this week. Markets are currently supported by technology companies registering strong moves. The technology sector is expecting next major change with artificial intelligence raising the hopes and demand for tech solutions. Apple, NVIDIVIA, Intel, AMD and Facebook are looking strong at the moment.

Indian markets also witnessed stock specific action today. Tamilnadu Petro stock was trading strong after the company acquired stake in a power generation company. HDFC Life was trading firm in today’s session on back of corporate action.

Pidilite Industries shares gain after the company announced two joint ventures with Italian firms. In today’ session, Piramal Enterprises, Exide Industries, PowerGrid, SpiceJet, Zee Entertainment and HDFC Life were among major gainers.

FIIs have been net sellers for the past two sessions. Indian markets could see a correction soon but for the moment, the mood is bullish.