Both Sensex and Nifty opened in the red on January 23, 2025. During early trade at 9:15 am, Sensex 30 stood at 76,275.88, recording a dip of 129.11 points or 0.17%, while Nifty 50 opened at 23,105.75 points down 49.60 points or 0.21%. Among the top gainers were CONSOFINVT, CIGNITITEC, COFORGE, JAGSNPHRM, PIDILITIND. Among the top losers were BLBLIMITED, PURVA, DHAN-RE, SABEVENTS and RADAAN.
After a day of massive losses on Tuesday, the Indian stock market indices recovered on January 22. At the close of trade, Sensex 30 stood at 76,404.99 points, up 566.63 points or 0.75%, while Nifty 50 closed trading at 23,155.35 points after rising 130.70 points (or 0.57%). The benchmark indices were mainly powered by strong performance by IT heavyweights.
After a prolonged bull run, the Indian stock market indices have gone into a correction mode led by significant outflow of investments by Foreign Institutional Investors since October 2024. The trend has continued in varying degrees so far. The markets have also come under volatility. A lot of investors are weighed down by less-than-expected Q3 earnings season by the Indian companies and the strengthening US dollar.
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Both Sensex and Nifty opened in the red on January 23, 2025. At 9:15 am, Sensex 30 stood at 76,275.88, recording a dip of 129.11 points or 0.17%, while Nifty 50 opened at 23,105.75 points down 49.60 points or 0.21%. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
