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.

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.

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.

For benchmark Nifty 50 index, 23000 would act as a crucial support zone and if sustains above this level, the market could bounce back to the range of 23250-23325 level, said experts

Midcaps and smallcaps stole the spotlight today, staging a stellar comeback from the sharp selloff in the previous session.

Benchmark indices rise driven by IT stocks, while broader markets face selling pressure; market breadth remains negative.

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 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,

The BSE Sensex plunged 1,431 points, or 1.85%, to hit the day's low at 75,641.87. Likewise, the NSE Nifty 50 crashed 367.9 points, or 1.58%, to briefly slip below the 23,000-mark. The benchmark index touched the day's low at 22,