Share Market Today: Indices Settle 2025's First Session In Green, Sensex Closes Over 350 Points Up, Nifty At 23,743
On Sensex, Maruti, M&M, Bajaj Finance, L&T, and Tata Motors emerged among the gainers. On the other hand, Tata Steel, Adani Ports, Zomato, HCL Tech, and SBI remained among the laggards for the day.
The stock market on Wednesday ended trading on a higher note in the first trading session of 2025. The BSE Sensex closed the session more than 350 points higher at 78,507.41, while the NSE Nifty50 settled for the day at 23,742.90, rallying close to 100 points.
This surge in the markets was attributed to the buying seen in blue-chip stocks. On the 30-share Sensex platform, Maruti Suzuki, M&M, Bajaj Finance, L&T, and Tata Motors emerged among the gainers. On the other hand, Tata Steel, Adani Ports, Zomato, HCL Tech, and State Bank of India remained among the laggards for the day.
Foreign Institutional Investors (FIIs) dumped Indian equities worth Rs 4,645.22 crore on Tuesday, according to official exchange data. Most of the Asian and European markets remained closed for trading due to the New Year holidays. Wall Street ended lower on Tuesday. The global oil benchmark Brent crude gained 0.88 per cent to touch $74.64 a barrel.
The broader markets ended trading completely in green. The Nifty Microcap 250 index dominated among the gainers and closed the session 1.21 per cent higher. Sector-wise, the Nifty Auto index drove the gains and ended trading 1.34 per cent higher.
The Indian rupee ended the session on a flat note and settled at 85.64 against the US dollar on Wednesday. This was attributed to the gains from positive equities, however, they were weighed down by unabated foreign fund outflows. In the last trading session on Tuesday, the domestic currency closed at 85.64 against the greenback.
Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP, said, "The rupee remained well-bid on Wednesday. The Reserve Bank of India (RBI) sold around 85.7250 and ensured no more fall in the currency, as it rose to 85.62 but closed lower in a low-volume day due to a holiday in the US and most corporates were absent from the scene."