Stock market opens with Sensex and Nifty in volatile trade; Tech Mahindra and Yes Bank shares in focus

The Sensex opened with a gain of 33.25 points at 50,057.24, while the Nifty 50 opened up by 11.35 points at 14,866.55.

The market is experiencing volatile trade as investors assess the impact of rising inflation and global cues on the Indian economy.

The IT sector is showing strength with Tech Mahindra's shares up by 0.98% in early trade.

Yes Bank shares are also in focus, with the bank planning to raise funds through a share sale.

The banking sector is closely watched as investors look for signs of economic recovery and the impact of rising interest rates on the sector.

The metal sector is facing a decline, with Hindalco and Tata Steel being the top losers in early trade.

The market is expected to remain volatile as investors await the US Federal Reserve's decision on interest rates and the impact on global markets.

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