Stock Market Today: Sensex Gains Over 250 Points, Nifty Above 23,100; Infosys Rises 1% – News18
Last Updated:
Nifty 50, Sensex on January 22: Benchmarks Sensex and Nifty50 started on a positive note, tracking firm global cues.
share market today live
Stock Market Updates: Benchmark indices Nifty50 and Sensex opened higher, buoyed by positive global cues.
The BSE Sensex rose nearly 270 points to open at 76,114.42, while the Nifty50 gained 70 points, reaching 23,099.15.
Infosys, Sun Pharma, and L&T were the top gainers on the BSE, while Zomato, Tata Motors, and Power Grid were the biggest losers.
On the NSE, Sun Pharma, Britannia, and Infosys led the gains, while Trent, BEL, and Power Grid saw the most significant declines.
However, broader markets faced pressure, with the Nifty SmallCap index falling by 0.7% and the MidCap index down by 0.6%.
Sector-wise, Nifty Realty and Consumer Durables were the biggest losers, dropping as much as 1.5%.
Investors’ attention today will be focused on the Q3FY25 results of major companies such as HDFC Bank, Hindustan Unilever, and Bharat Petroleum Corporation Limited (BPCL).
Global Cues
Asia-Pacific markets were trading mixed, following Wall Street’s gains after President Donald Trump’s less aggressive-than-expected tariff stance.
The Nikkei rose 1.5 per cent, while the ASX 200 was up 0.4 per cent. The Kospi also increased 0.7 per cent. Meanwhile, Sang Seng was down 1.3 per cent.
Overnight in the US, the three major indices advanced as investors perceived Trump’s comments on international trade to be softer than expected. The Dow Jones added 1.24 per cent, the S&P 500 gained 0.88 per cent, and the Nasdaq Composite rose 0.64 per cent.
Trump stated he was considering 25 per cent tariffs on Mexico and Canada starting February 1 due to their border policies while signing first-day executive orders in the White House on Monday night. He also mentioned China, suggesting potential tariffs if it does not approve a TikTok deal.
jlc4gi