Stock Market Opens Flat; Sensex Slips 47 Points, Nifty Below 25,220
In the previous trading session on Wednesday, the Indian stock market closed firmly higher, staging a sharp rebound following a lackluster performance in the previous session
The Indian stock market opened on a cautious note on Thursday, with benchmark indices trading marginally in the red. The BSE Sensex slipped 47.06 points, or 0.06 per cent, to 82,679.58, while the NSE Nifty edged down 5.75 points, or 0.02 per cent, to 25,214.15. Early trade sentiment remained subdued as investors awaited fresh domestic earnings cues and tracked mixed global market trends.
Market breadth was positive, with 1,297 stocks advancing, 969 declining, and 145 remaining unchanged.
On the Nifty, notable gainers included Tata Consumer, Dr. Reddy's Laboratories, Tata Motors, JSW Steel, and IndusInd Bank. Meanwhile, Hero MotoCorp, Trent, Kotak Mahindra Bank, Reliance Industries, and Bajaj Finance were among the top laggards.
Progress toward finalising the India-UK free trade agreement has contributed to the positive market sentiment. Continued developments in global trade talks are expected to reduce short-term trade tensions and bolster market stability. Although elevated valuations remain a concern, the current market strength indicates potential for a near-term earnings rebound. However, the pace and sustainability of this recovery will be crucial in shaping the market’s future direction, according to Vinod Nair of Geojit Investments.
Infosys slipped 1 per cent despite several brokerages maintaining their positive outlook on the IT services heavyweight. The company reported an 8.7 per cent year-over-year increase in consolidated net profit to Rs 6,921 crore for the quarter ended June 30, 2025, surpassing market expectations. Revenue for the fiscal first quarter rose 7.5 percent to Rs 42,279 crore.
Previous Trading Session
In the previous trading session on Wednesday, the Indian stock market closed firmly higher, staging a sharp rebound following a lackluster performance in the previous session. The BSE Sensex jumped 540.09 points, or 0.66 per cent, to finish at an indicative level of 82,726.90, while the NSE Nifty advanced 159.00 points, or 0.63 per cent, to end at 25,219.90. A broad-based rally, supported by positive global cues and renewed investor confidence, drove the market higher across key sectors.
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