Stock markets rebound in first session of 2025 on buying in blue-chips
The Hindu
Sensex and Nifty start 2025 on a high note, with Sensex rising 0.47% and Nifty climbing 0.41%.
Benchmark Sensex and Nifty started the New Year on a high note with the key indices closing higher in a see-saw trade on Wednesday (January 1, 2024) on buying in blue-chip stocks.
Snapping its two-day falling streak, the 30-share BSE Sensex rose by 368.40 points or 0.47% to settle at 78,507.41 on the first trading session of 2025. During the day, it surged 617.48 points or 0.79% to 78,756.49.
The NSE Nifty climbed 98.10 points or 0.41% to 23,742.90.
Among Sensex shares, Maruti, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finance, Tata Motors, IndusInd Bank, Asian Paints, Power Grid, HDFC Bank and Axis Bank advanced.
Tata Steel, Adani Ports, Zomato, HCL Tech, State Bank of India, Hindustan Unilever and Tech Mahindra were among the laggards.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,645.22 crore on Tuesday (December 31, 2024), according to exchange data.
Most of the Asian and European markets were closed for New Year holidays.