In early trading, Indian stock indices recorded moderate gains, with the S&P BSE Sensex climbing 358.28 points or 0.46% to reach 78,878.58, and the Nifty 50 index rising 103.90 points or 0.43% to 24,463.15. The market's positive momentum was supported by a strong performance in the broader indices, with the BSE MidCap Index and SmallCap Index gaining 0.47% and 0.58%, respectively. Market breadth was favorable, with 2,148 shares advancing compared to 934 shares declining. However, foreign portfolio investors sold shares worth ₹1,059.93 crore, while domestic institutional investors were net buyers of ₹2,966.89 crore. The ongoing geopolitical tensions in West Asia continue to loom over the market, but investors are focusing on upcoming Q4 earnings reports from companies like HCL Technologies and Nestle India. In the commodities market, Brent crude oil prices fell by 0.49% to $95.04 per barrel. Additionally, TVS Motor Company announced a joint venture with Hyundai for electric micromobility vehicles and entered the Zambian market, while JSW Steel and Vedanta also made headlines with new agreements and corporate restructuring.