Indian stock market

January 22, 2025 10:35 AM

Sensex, Nifty open higher as US tariff concerns ease

India’s benchmark indices opened higher on Wednesday, recovering from the previous day’s sharp decline triggered by concerns over U.S. President Donald Trump’s trade tariffs. By 9:15 a.m., the Nifty rose 0.23 percent to 23,079.6 points, while the Sensex climbed 0.27 percent to 76,046.42 points. Top gainers in early trading included Wipro, Infosys, Sun Pharma, TCS, and ITC, while BEL, Tata Motors, Power Grid, Adani Enterprises, and HDFC Life led the list of laggards. Ajay Bagga, a bankin...

January 21, 2025 10:13 AM

Indian stock market trades flat as new US President avoids tariffs on Day 1

Indian benchmark indices traded almost flat on Tuesday morning, tracking gains in Asia, after Donald Trump took over as the 47th US President and did not immediately impose trade tariffs as widely expected. The Nifty 50 was up 0.25 per cent while the 30-stock BSE Sensex was higher by 0.09 per cent, as of 9:18 a.m. At pre-open, the S&P BSE Sensex Index was up 188 points, or 0.24 per cent, at 77,261 while the NSE Nifty 50 was 76 points or 0.33 per cent higher at 23,421. According to mark...

January 16, 2025 12:44 PM

Indian stock market opens higher amid positive global cues

The Indian stock market opened higher on Thursday amid positive global cues, including hope of an end to the conflict in Gaza, as buying was seen in the PSU bank and financial service sectors. At around 9.22 am, Sensex was trading at 77,157.74 after rising 433.66 points or 0.57 per cent, while Nifty was trading at 23,349.15 after climbing 135.95 points or 0.59 per cent. On the National Stock Exchange (NSE), 1,175 stocks were trading in green, while 139 stocks were in red. Nifty Bank was up 52...

January 14, 2025 10:39 AM

Sensex, Nifty open higher; HCLTech shares plunge 9 percent

India’s benchmark indices opened higher on Tuesday, with the Nifty 50 gaining 113.60 points to 23,199.55 and the Sensex adding 370.21 points to 76,700.22 by 9:16 AM. However, shares of HCLTech tumbled 9 percent in early trade after its Q3 earnings report failed to meet expectations, prompting brokerage firm Nuvama to downgrade the stock from “buy” to “hold.” Market experts indicated that broader market valuations remain stretched, with concerns about a potential sharp correction. Th...

January 8, 2025 11:53 AM

Sensex, Nifty open flat amid selling pressure from FIIs

India’s benchmark indices opened on a cautious note on Wednesday, with marginal gains dampened by selling pressure from Foreign Institutional Investors (FIIs). The Nifty rose by 38.75 points, or 0.16 percent, to open at 23,746.65, while the Sensex added 120.45 points, or 0.15 percent, starting at 78,319.56. Experts suggest that the market is unlikely to see a significant recovery in the near term, although corporate earnings and the upcoming Union Budget could offer some support. Ajay Bagga...

January 3, 2025 5:12 PM

Indian stock market leads global IPO boom in 2024, NSE raises record $19.5 billion

The Indian stock market witnessed an initial public offering (IPO) boom in 2024 as compared to any other global stock exchange, with the National Stock Exchange's (NSE) Rs 1.67 lakh crore ($19.5 billion) capital raised through them becoming the highest in the world, according to a report by the exchange on Friday. The 268 successful IPOs across mainboard (90) and SME (178) raised Rs 1.67 lakh crore, and were also the highest number of IPOs within Asia. The 268 IPOs are also the highest figure ...

January 3, 2025 4:34 PM

Indian stock market declines as cautious sentiment prevails

After a strong start to the New Year, the Indian stock market stumbled on Friday, weighed down by losses in key sectors like IT, financial services, and pharmaceuticals. Weak global cues added to investor unease, halting the recent upward momentum. The Sensex dropped 720.60 points, or 0.90%, to close at 79,223.11, while the Nifty ended at 24,004.75, down 183.90 points or 0.76%. The Nifty Bank index fell by 1.20%, finishing at 50,988.8. Midcaps and small caps also faced pressure, with the Nifty...

January 3, 2025 10:42 AM

Nifty, Sensex open flat as Asian shares rally; experts cautious on FII momentum

India’s benchmark indices started Friday on a muted note, despite a rally in broader Asian markets. The Nifty gained 7.75 points, or 0.03 percent, opening at 24,196.40, while the Sensex rose by 129.28 points, or 0.16 percent, to open at 80,072.99. Market experts attributed Thursday's rally to Foreign Institutional Investor (FII) buying, but they cautioned that this momentum may not last due to the strengthening dollar, which could hinder sustained FII investment. V.K. Vijayakumar, Chief Inv...

January 2, 2025 3:49 PM

Sensex climbs over 1200, Nifty gains 369 points in positive market trend

Indian stock market surged by nearly 1.6 per cent in afternoon trade on Thursday as heavy buying was seen in auto, energy, private bank, infra, commodity and IT sectors on Nifty. At around 1.39 pm, Sensex was trading at 79,766.88 after rising 1,259.47 points or 1.60 per cent, while Nifty was trading at 24,112.25 after rising 369.35 points or 1.56 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1,366 stocks were trading in green, while 529 stocks were in red....

January 2, 2025 10:04 AM

Market opens flat, Nifty shows marginal gains

The domestic benchmark indices opened flat on Thursday as selling was seen in the PSU bank, pharma, FMCG, realty, media, energy and metal sectors on Nifty. At around 9.31 am, Sensex was trading at 78,573.16 after rising 65.75 points or 0.08 per cent, while Nifty was trading at 23,766.05 after rising 23.15 points or 0.10 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1,366 stocks were trading in green, while 529 stocks were in red. According to market exper...