The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,303 level, a premium of nearly 40 points from the Nifty futures’ previous close.

The BSE Sensex plunged 1,431 points, or 1.85%, to hit the day's low at 75,641.87. Likewise, the NSE Nifty 50 crashed 367.9 points, or 1.58%, to briefly slip below the 23,000-mark. The benchmark index touched the day's low at 22,

"The bulls face persistent resistance, with hurdles at regular intervals. In the immediate term, 23,400 serves as a key resistance. A breakout above this could pave the way for an extension of the rally towards 23,

Indian stock markets opened on a subdued note on Thursday as selling pressure pushed indices into the red. The Sensex began the trading day 175.15 points down at 76,229.84, while the Nifty saw a decline of 51.

The S&P BSE Sensex was up 204.76 points to 76,725.14 at 9:17 am, while the NSE Nify50 was trading 64.15 points higher at 23,269.50.

The stock market opened in the green for a third time this week as trading began on Wednesday, January 22, 2025, with FMCG, pharma, and IT stocks rising the most. This comes despite a huge crash the market experienced towards the end of the previous day's trading session,

Domestic stock markets on Tuesday witnessed a bloodbath, ending on a weak note due to the selling pressure in heavyweight stocks such as Kotak Bank, Zomato, RIL and US President Donald Trump's aggressive take on the trade tariffs on various countries.