Share Market Update: The local stock market regained momentum on the first day of the new year and BSE Sensex closed with a rise of more than 368 points. Nifty also closed at 23,742.90 points with a gain of 98.10 points or 0.41 percent. In the volatile business, the market remained bullish due to buying in shares of major companies. Among Sensex stocks, Maruti, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finance, Tata Motors, IndusInd Bank, Asian Paints, Power Grid, HDFC Bank and Axis Bank were among the gainers.
The Sensex, the standard index based on 30 shares of BSE, stopped its two-day long decline and closed at 78,507.41 points, rising 368.40 points or 0.47 percent on the first day of the year 2025. At one time during trading it had jumped up to 617.48 points.
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National Stock Exchange (NSE) index Nifty also closed at 23,742.90 points with a gain of 98.10 points or 0.41 percent. Among Sensex stocks, Maruti, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finance, Tata Motors, IndusInd Bank, Asian Paints, Power Grid, HDFC Bank and Axis Bank were among the gainers. On the other hand, loss-making stocks include Tata Steel, Adani Ports, HCL Tech, State Bank of India, Hindustan Unilever and Tech Mahindra.
According to stock market data, foreign institutional investors sold shares worth Rs 4,645.22 crore on Tuesday. Most of the markets in Asia and Europe remained closed due to New Year holiday. US markets were in loss on Tuesday. Global oil benchmark Brent crude was up 0.88 per cent at $74.64 per barrel.
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BSE Sensex fell 109.12 points on Tuesday while NSE Nifty fell marginally by 0.10 points. Last year in 2024, Sensex rose by 5,898.75 points or 8.16 percent while Nifty rose by 1,913.4 points or 8.80 percent.(Language)
Edited By : Chetan Gour
