Among Nifty companies, 18 stocks advanced, while 31 declined, and one remained unchanged. ONGC, BEL, Tata Steel, IndusInd Bank, and Power Grid emerged as the top gainers, while Sriram Finance, M&M, Bajaj Auto, Eicher Motors, and Adani Ports were the top losers in early trading.
The BSE Sensex started the session 162.63 points higher at 73,152.56, while the Nifty 50 gained 52.85 points, opening at 22,135.50. Market breadth showed 30 Nifty companies advancing, while 20 declined, reflecting cautious optimism among investors.
The market participants in the upcoming week starting from Monday will react to the foreign institutional investment flow, currency movement, speculation regarding U.S. tariffs and their impact on global trade and key domestic data.
The Sensex started 43.69 points lower at 76,489.27, while the Nifty saw a marginal decline of 5.30 points, opening at 23,157.80. Among Nifty 50 companies, 35 stocks advanced, 15 declined, and one remained unchanged.
Among the Nifty 50 stocks, 34 registered advances, 15 recorded declines, and 2 remained unchanged. The top gainers included Bajaj Auto, Cipla, Infosys, BEL, and Shriram Finance, while HDFC Life, JSW Steel, NTPC, Hindustan Unilever, and Nestle India were the top losers.
Despite the marginal uptick, investor sentiment remains cautious amid global and domestic concerns. Of the Nifty 50 companies, 27 saw advances, 22 registered declines, and two remained unchanged in early trade.
The Indian stock markets, in the first trading session of the year 2025, opened marginally higher on Wednesday, despite most global markets being closed for New Year celebrations.