The stock market opened in the red as trading began on Thursday, January 23, with FMCG, PSU bank, and energy stocks falling the most. At 9:20am, the benchmark BSE Sensex was down by 139.03 points or 0.

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.

Indian benchmark indices extended the selloff on Tuesdays and are poised to close at the lowest level since the June crash. Selloff in Oil and Gas stocks and banks led the declines in the benchmark index. Nifty 50 index fell below 23,000 for the first time since June 7, 2024, and Sensex fell nearly 1,300 points on Tuesday.

The Sensex fell 51 points to close at 78,149, while the Nifty slipped 19 points to settle at 23,689. However, broader market indices underperformed significantly, with the midcap index tumbling 599 points to 56,

The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,415 level, a premium of nearly 15 points from the Nifty futures’ previous close.

Equity markets rally on strong earnings, led by banking sector, as investors cautiously optimistic amid global uncertainties.

Indian equity benchmarks, BSE Sensex and Nifty50, opened in the red zone on Thursday. The BSE Sensex was trading below 76,300, while Nifty50 hovered near 23,100. At 10 am, the Sensex rose by 200.73 points,

The trends on Gift Nifty also indicate a higher start for the Indian benchmark index. The Gift Nifty was trading around 23,290 level, a premium of nearly 23 points from the Nifty futures’ previous close.

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,