Indian stock market opens with gains as Nifty 50 holds above 23,700 and Sensex rises 190 points. IT stocks see a positive trend, while Swiggy shares drop 8 per cent.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,810 level, a premium of nearly 35 points from the Nifty futures’ previous close.