Sensex, Nifty climb in early trade on global markets rally
The Hindu
Stock market indices Sensex and Nifty rise on global market trends; Trump addresses World Economic Forum.
Stock market benchmark indices Sensex and Nifty climbed in early trade on Friday (January 24, 2025), tracking a firm trend in global markets.
The 30-share BSE benchmark Sensex climbed 282.35 points to 76,802.73 in early trade. The NSE Nifty went up by 86.7 points to 23,292.05.
From the 30-share blue-chip pack, Power Grid, UltraTech Cement, NTPC, Tata Steel, Asian Paints and Axis Bank were the major gainers.
Tata Motors, Sun Pharma, Zomato and Kotak Mahindra Bank were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory.
U.S. markets ended higher on Thursday (January 23, 2025).
U.S. President Donald Trump on Thursday (January 23, 2025) addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the U.S. while threatening them with tariffs if they don’t.