A vendor walks past by a poster of bear and bull in south Mumbai. File photo
| Photo Credit: The Hindu

Equity benchmark indices Sensex and Nifty began the trade on an optimistic note on Wednesday (January 22, 2025) mainly due to buying in index heavyweights Infosys and HDFC Bank amid a mixed trend in global markets.

The 30-share BSE Sensex climbed 366.49 points or 0.48 per cent to trade at 76,204.85. On similar lines, the broader NSE Nifty advanced 80.60 points or 0.35 per cent to 23,105.25.

In the Sensex pack, Infosys, Sun Pharmaceutical, Tata Consultancy Services, ITC, ICICI Bank, Titan, Tech Mahindra, HDFC Bank, Bharti Airtel and Bajaj Finance were among the gainers.

Zomato, Tata Motors, PowerGrid, IndusInd Bank, State Bank of India, Tata Steel and Adani Ports were the major laggards.

In Asian markets, Tokyo and Seoul were trading in the green territory while Shanghai and Hong Kong were quoting in the red.

Wall Street had ended higher in overnight deals on Tuesday.

International oil benchmark Brent Crude was trading 0.06 per cent at USD 79.34 a barrel.

Foreign Institutional Investors (FIIs) offloaded shares worth ₹5,920.28 crore on Tuesday.

The BSE Sensex plummeted 1,235.08 points to settle at 75,838.36 and the broader NSE Nifty plunged 320.10 points to close at 23,024.65 on Tuesday (January 21, 2025).

Equity benchmark indices Sensex and Nifty declined in initial trade on Wednesday (January 8, 2025) amid unabated foreign fund outflows and weak global market trends.

Investors also turned cautious ahead of the earnings season, with TCS scheduled to announce its quarterly results on Thursday (January 9, 2025).

The 30-share BSE benchmark Sensex dropped 236.42 points to 77,962.69 in early trade. The NSE Nifty declined 62.45 points to 23,645.45.

From the 30-share blue-chip pack, Zomato, Adani Ports, Titan, Tata Motors, Tech Mahindra, HDFC Bank, IndusInd Bank and Hindustan Unilever were the major laggards.

Reliance Industries, Axis Bank, Maruti and ICICI Bank were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,491.46 crore on Tuesday, according to exchange data.

In Asian markets, Seoul traded in the positive territory while Tokyo, Shanghai and Hong Kong quoted lower.

US markets ended lower on Tuesday.

Global oil benchmark Brent crude climbed 0.38 per cent to USD 77.34 a barrel.

The BSE benchmark climbed 234.12 points or 0.30 per cent to settle at 78,199.11 on Tuesday. The Nifty gained 91.85 points or 0.39 per cent to 23,707.90.

A bronze statue of a charging bull inside the premises of the Bombay Stock Exchange (BSE) in Mumbai. File photo
| Photo Credit: REUTERS

Benchmark equity indices Sensex and Nifty climbed in initial trade on Thursday (January 2, 2025) amid buying in frontline IT and bank stocks.

The 30-share BSE benchmark Sensex climbed 242.95 points to 78,750.36 in early trade. The NSE Nifty went up by 69.25 points to 23,812.15.

From the 30 blue-chip pack, Bajaj Finance, Bajaj Finserv, Kotak Mahindra Bank, Infosys, HCL Tech, Tech Mahindra, Mahindra & Mahindra and Tata Consultancy Services were the biggest gainers.

NTPC, Sun Pharma, Asian Paints and Adani Ports were among the laggards.

The gross GST collection rose 7.3 per cent year-on-year to ₹1.77 lakh crore in December despite a significant increase in both domestic and export refunds.

In Asian markets, Seoul, Shanghai and Hong Kong were trading lower.

US markets were closed on Wednesday for New Year holiday.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,782.71 crore on Wednesday, according to exchange data.

Global oil benchmark Brent crude climbed 0.44 per cent to USD 74.97 a barrel.

The BSE benchmark climbed 368.40 points or 0.47 per cent to settle at 78,507.41 on the first trading session of 2025 on Wednesday. The Nifty went up by 98.10 points or 0.41 per cent to 23,742.90.

Equity benchmark indices Sensex and Nifty hit their new all-time high levels during early trade. File
| Photo Credit: Reuters

Equity benchmark indices Sensex and Nifty hit their new all-time high levels during early trade on Friday (August 30, 2024), amid the ongoing bullish rally in domestic stocks, tracking firm trends in Asian markets and fresh foreign fund inflows.

The 30-share BSE Sensex jumped 502.42 points to hit a fresh all-time high of 82,637.03 in early trade. The NSE Nifty surged 105.7 points to hit a new record peak of 25,257.65.

Among the 30 Sensex firms, Bajaj Finserv, HDFC Bank, Titan, Bajaj Finance, NTPC, Power Grid, Asian Paints and HCL Technologies were the biggest gainers.

Tata Motors and Sun Pharma were the laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading with gains.

The U.S. markets ended on a mixed note on Thursday (August 29).

Foreign Institutional Investors (FIIs) bought equities worth ₹3,259.56 crore on Thursday, according to exchange data.

Domestic Institutional Investors also bought equities worth ₹2,690.85 crore.

“Continuation of accumulation of quality largecaps by the DIIs (Domestic Institutional Investors) and HNIs and the FIIs reducing their selling significantly and buying on certain days have contributed to the resilience of the market,” said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Global oil benchmark Brent crude climbed 0.23% to $80.12 a barrel.

Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said, that key catalysts for markets rally include substantial FII buying, positive global cues, and upbeat U.S. GDP data.

The BSE benchmark jumped 349.05 points or 0.43% to settle at an all-time closing high of 82,134.61 on Thursday, extending its winning momentum to the eighth day in a row.

Rallying for the 11th straight session, the Nifty surged 99.60 points or 0.40% to settle at a new closing high of 25,151.95.

A sub-broker makes flower offerings before the statue of a bull outside the Bombay Stock Exchange in Mumbai. File photo
| Photo Credit: The Hindu

Benchmark equity indices Sensex and Nifty hit their new lifetime peaks in early trade on Wednesday, June 19, 2024, amid a firm global market trends, buying in bank stocks and foreign fund inflows.

The bullish trend in early trade comes a day after the Fitch Ratings raised India’s growth forecast for the current fiscal to 7.2 per cent from 7 per cent projected in March, citing a recovery in consumer spending and increased investment.

Rallying for the fifth straight session, the 30-share BSE Sensex climbed 280.32 points to hit its fresh lifetime peak of 77,581.46 during the early trade. The NSE Nifty went up by 72.95 points to hit a new record high of 23,630.85.

Among the 30 Sensex companies, IndusInd Bank, ICICI Bank, JSW Steel, Axis Bank, Kotak Mahindra Bank, Infosys, Tata Consultancy Services and HDFC Bank were the biggest gainers.

Titan, NTPC, Power Grid and Bajaj Finance were among the laggards.

In Asian markets, Seoul, Tokyo and Hong Kong were trading higher while Shanghai quoted lower.

US markets ended in the positive territory on Tuesday.

Foreign Institutional Investors (FIIs) bought equities worth ₹2,569.40 crore on Tuesday, according to exchange data.

Global oil benchmark Brent crude climbed 0.01 per cent to USD 85.34 a barrel.

Fitch Ratings on Tuesday raised India’s growth forecast for the current fiscal to 7.2 per cent from 7 per cent projected in March, citing a recovery in consumer spending and increased investment.

Share brokers watching the movement of stock prices.
| Photo Credit: PTI

Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesdauy, March 27, 2024,. supported by buying in index majors Reliance Industries and Maruti.

The 30-share BSE Sensex climbed 270.18 points to 72,740.48 in early trade. The NSE Nifty went up by 87.35 points to 22,092.05.

From the Sensex basket, Reliance Industries, Maruti, NTPC, Tata Motors, Axis Bank, Bajaj Finance, Hindustan Unilever and Larsen & Toubro were the major gainers.

Infosys, Wipro, IndusInd Bank and Nestle were among the laggards.

In Asian markets, Tokyo quoted in the positive territory, while Seoul, Shanghai and Hong Kong traded lower.

Wall Street ended in the negative territory on Tuesday.

Foreign Institutional Investors (FIIs) turned net buyers on Tuesday, as they bought equities worth ₹10.13 crore, according to exchange data.

“Investors’ attention now turns to key economic data and the upcoming earnings season.

“Despite challenges, potential support for Nifty bulls lies in foreign institutional buying and global market momentum. Volatility is expected to rise ahead of the futures and options (F&O) expiry,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

Global oil benchmark Brent crude declined 0.90 per cent to USD 85.47 a barrel.

On Tuesday, the BSE benchmark declined by 361.64 points or 0.50 per cent to settle at 72,470.30. The NSE Nifty dropped 92.05 points or 0.42 per cent to 22,004.70.