The BSE Sensex and NSE Nifty-50 indices were trading positively on Wednesday, with the Sensex up 1.14 per cent at 65,676 and the Nifty up 1.2 per cent at 19,675. About 2,273 shares have advanced, 1,473 have declined and 138 were unchanged on BSE.

The broader markets were in green territory, with the BSE Mid-Cap Index up 0.91 per cent and the BSE Small-Cap Index up 1.13 per cent. The top mid-cap gainers were Oberoi Realty Ltd and Solar Industries India Ltd while the top small-cap gainers were Veranda Learning Solutions Ltd and Ahluwalia Contracts (India) Ltd.

Commerce and Industry Minister Piyush Goyal visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California, on Tuesday and highlighted India's role in contributing to Tesla's remarkable journey. During his visit, he engaged with Indian engineers and financial professionals, but missed Elon Musk's ''magnetic presence''.

Notably, the Twitter boss was unable to meet the minister in person as he was unwell. Responding to Mr. Goyal's post on his visit to the Tesla factory, the billionaire said he was honoured by the minister's visit and said that he looked forward to a future meeting. 

Global brokerage firm Morgan Stanley predicts an end to the prevailing calm in India's $3.7 trillion stock market, in its recent report as India, the world's most populous country, approaches elections in approximately six months.

Despite anticipating a typical stock market uptrend in the lead-up to the polls, Morgan Stanley warns of a potential 30 per cent slump in India's equity benchmarks if the election outcome deviates from investors' expectations.

Canadian Prime Minister Justin Trudeau on Sunday reiterated his allegation regarding India's involvement in the killing of Khalistani separatist leader Hardeep Singh Nijjar adding that his country "will always stand up for the rule of law."

Trudeau said that Canada wants to work constructively on the issue and had reached out to India "to get into the bottom of this matter".

The Canadian Prime Minister was delivering his remarks at a ribbon-cutting ceremony in Sault Ste. Marie in Ontario, to mark the launch of Canada's first community-wide smart energy grid on Saturday, where he also took questions on the India-Canada diplomatic standoff.

Moody's retained its top triple-A credit rating on U.S. government debt, though it is the last of the three major credit rating agencies to do so.

The credit rating agency Moody's Investors Service lowered its outlook on the US government's debt on Friday to "negative" from "stable", citing the cost of rising interest rates and political polarisation in Congress.

Moody's retained its top triple-A credit rating on U.S. government debt, though it is the last of the three major credit rating agencies to do so. Fitch Ratings lowered its rating to AA from AAA in August, and Standard and Poor's downgraded the US in 2011. A reduced outlook, however, raises the risk that Moody's could eventually strip its triple-A rating from the US as well.