Mumbai, Jan. 29 -- The Indian stock market opened on a positive note on Wednesday, with key indices showing marginal gains at the start of the trading session.

The Sensex rose by 269.94 points, opening at 76,184.03, while the Nifty gained 70.55 points, beginning the day at 23,027.80.

Among the Nifty 50 stocks, 34 registered advances, 15 recorded declines, and 2 remained unchanged. The top gainers included Bajaj Auto, Cipla, Infosys, BEL, and Shriram Finance, while HDFC Life, JSW Steel, NTPC, Hindustan Unilever, and Nestle India were the top losers.

Akshay Chinchalkar, Head of Research at Axis Securities, provided technical insights on market movements. He noted that the Nifty's initial gains were met with elevated last-hour selling, in...