Mumbai, June 4 -- Indian stock markets continued to trade in a consolidation phase on Wednesday, opening flat with slight gains.

Investors appeared cautious but optimistic, with global developments and upcoming domestic policy decisions influencing market sentiment.

The Nifty 50 index opened at 24,560.45, gaining 17.95 points or 0.07 per cent. Similarly, the BSE Sensex also started flat, rising by 40.14 points to open at 80,777.65, a gain of 0.05 per cent.

Market experts believe that the cautious momentum in Indian equities is a reflection of global cues and profit-booking by domestic promoters.

Ajay Bagga, Banking and Market Expert, told ANI, "Hopes are rising for announcement of trade deals and for a Trump-Xi call later this week wh...