Indian equities lost their strength and fell into the depressing zone because of heavy profit booking.

IT, consumer durables, realty stocks gained ground, whereas oil & gas and banking stocks went down.

BSE Midcap and Smallcap index surged 0.20% and 0.61% respectively.

The 30-share index BSE Sensex, today, opened with a gain of 300.05 points at 10,931.17.

In the previous day (Tuesday, Nov 4) session, the Sensex closed the day after gaining 293.44 points, while the NSE Nifty zoomed 98.25 points.

Tokyo - The Tokyo stock market ended Wednesday morning's session higher on Wall Street's overnight gains and the US dollar's strength against the yen.

The Nikkei 225 Stock Average rose 257.07 points, or 2.82 per cent, to 9,371.67.

The broader Topix index of all first-section issues was also up 41.18 points, or 4.52 per cent, at 951.88.

Sydney - Wall Street gave Australian investors their lead at the opening bell Wednesday, propelling the market to an immediate 1.8-per-cent gain.

The ASX 200 added 80 points, or 1.8 per cent, to 4,295 in early trading.

But the rise didn't totally reflect the 3-per-cent gains in the US because of fears that Tuesday's larger-than-expected interest rate cut of 75 basis points signalled a gloomier-than-expected view of economic prospects from the Reserve Bank of Australia.

After opening with a loss of 33.11 points at 10,304.57, the 30-share index BSE Sensex continued to trade in a subdued manner.

IT stocks continue to languish in the red with sharp losses, and lost 6.12%, while realty, PSU, banking and FMCG stocks saw buying interest.

The BSE Midcap and Smallcap index gained 0.62% and 0.88% respectively.

At 12:59 p.m., the 30-share index lost 52.47 points at 10,285.21, after hitting a high of 10,387.19 and a low of 10,116.22.

Indian equities moved up in the positive terrain for a short while and soon slipped into the negative to trade on a flat note.

Some buying and selling is witnessed in bluechip stocks. Banking, PSU, power and banking stocks saw buying interest, whereas IT and auto stocks went down.

BSE Midcap and Smallcap index gained more than 1% each.

Today, Indian stock market opened with a loss of 33.11 points, at 10,304.57 as compared to the previous day session in which it gained 549.62 points.