The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,137 level, a discount of nearly 60 points from the Nifty futures’ previous close.

In the broader markets, the Nifty Smallcap 100 and Nifty Smallcap 250 indices dominated in red and slumped 1.63 per cent and 1.60 per cent respectively.

In the early trade, the 30-share BSE Sensex rose 326.86 points to 76,212.83. Meanwhile, the Nifty was also up by 87.60 points to 23,111.25.

The main drivers of the market are IT stocks, even when the broad-based performance is under selling pressure. Consumer durables, realty, oil & gas, media and metal stocks are in deep red. The performance comes after Sensex and Nifty crashed by 2% each in the previous session,

The Nifty Auto index closed on a note on Wednesday. Shares of Bharat Forge Ltd.(up 2.07 per cent), Maruti Suzuki India Ltd.(up 1.15 per cent), Balkrishna Industries Ltd.(up 1.01 per cent), Ashok Leyland Ltd.

The Indian stock market opened on a positive note on Wednesday, with the Sensex gaining 366.08 points to open at 76,204.44, and the Nifty rising 87.60 points to start at 23,109.50.Despite the marginal uptick,

The stock market opened in the green for a third time this week as trading began on Wednesday, January 22, 2025, with FMCG, pharma, and IT stocks rising the most. This comes despite a huge crash the market experienced towards the end of the previous day's trading session,

Nifty was consolidating in the range 23100 – 23500 since the last six trading sessions which has been decisively broken on the downside and nifty is likely to drift towards 22670, said experts