Highlights
Benchmark Indices Start 2025 Strong
The benchmark Sensex and Nifty indices commenced the New Year on an optimistic note, with both key indices closing higher in a fluctuating trading session on Wednesday, propelled by buying activity in blue-chip stocks.
After a two-day decline, the 30-share BSE Sensex rebounded, gaining 368.40 points or 0.47% to finish at 78,507.41 during the first trading session of 2025. Throughout the day, it peaked at 78,756.49, reflecting an increase of 617.48 points or 0.79%. Similarly, the NSE Nifty rose by 98.10 points or 0.41%, concluding at 23,742.90.
Key Performers and Laggards
Among the Sensex stocks that rallied were:
- Maruti
- Mahindra & Mahindra
- Larsen & Toubro
- Bajaj Finance
- Tata Motors
- IndusInd Bank
- Asian Paints
- Power Grid
- HDFC Bank
- Axis Bank
On the other hand, the following companies faced setbacks:
- Tata Steel
- Adani Ports
- Zomato
- HCL Tech
- State Bank of India
- Hindustan Unilever
- Tech Mahindra
Market Activity and Global Trends
Foreign Institutional Investors (FIIs) sold equities worth Rs 4,645.22 crore on Tuesday, as per exchange data. Most Asian and European markets were closed for New Year celebrations, while US markets concluded lower on Tuesday.
The global oil benchmark, Brent crude, increased by 0.88 to reach $74.64 per barrel.
In the previous trading session on Tuesday, the BSE benchmark Sensex fell by 109.12 points or 0.14%, settling at 78,139.01, with the Nifty also experiencing a slight dip of 0.10 points to close at 23,644.80.
Annual Performance Highlights
Throughout 2024, the Sensex experienced a significant rise of 5,898.75 points or 8.16%, while the Nifty surged by 1,913.4 points or 8.80%.