Asian stocks saw muted trade as investors sought clarity following a US market surge that erased year-to-date losses, fueled by indications of receding trade tensions and milder-than-anticipated US inflation data.

Risky assets were again popping on Tuesday afternoon, as markets returned to risk-on mode after April consumer-price-index report showed inflation came in cooler than expected. "The softer \[inflation\] figures are adding to confidence that the Trump policy mix won’t produce much inflation,

Amazon and Meta stocks led the "Magnificent Seven" Big Tech stock surge after the US and China announced a temporary trade war truce.

With the stock currently trading at Rs 652.65, Jindal Stainless shows significant upward movement, driven by high trading volumes and positive market sentiment.

Despite this recent downturn, AVGO stock has achieved considerable long-term growth, rising over 300% since the beginning of 2023.

Grasim Industries is nearly at its 52-week high, trading at ₹2,738. The recent market surge, influenced by geopolitical developments and trade agreements, has lifted investor sentiment, with several stocks nearing their highs.

With Apar Industries at Rs 6851.50, the high volume and significant price change indicates increased investor activity and positive market movement for the stock.

IonQ has some overlap in the artificial intelligence (AI) space because quantum computers can be used to do things like AI model training. IonQ said recently that its quantum computers were used to train large language models (LLMs), and they enhanced the LLMs' understanding of the sentiment being communicated in sentences.

Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 24,600, BSE Sensex crossed 81,300.