Stock market today, July 30 -- India's stock benchmarks began the day on a positive note on Wednesday, driven by better-than-anticipated earnings from the major infrastructure company Larsen & Toubro.

The Nifty 50 increased by 0.28% to reach 24,890.4 points, while the BSE Sensex rose by 0.32% to hit 81,594.52 as of 9:15 IST.

At the same time, investors are likely to tread carefully in anticipation of the Federal Reserve's policy announcement later today, as well as due to worries regarding a possible India-U.S. trade agreement.

On the technical front, Sagar Doshi of Nuvama believes Nifty 50 is yet not out of the woods and currently stands at the retest of head and shoulder breakdown. Doshi recommends three stocks to buy today. Here's w...