January1, 2025
New Delhi, India
The Indian equity markets kicked off 2025 with optimism, snapping a two-day losing streak. The Sensex surged by 368.40 points (+0.47%) to close at 78,507.41, while the Nifty gained 98.10 points (+0.41%), ending at 23,742.90.
Intraday Performance:
- Sensex High: 78,756.49 (+617.48 points)
- Nifty High: 23,756 (+111.20 points)
Key Movers
Top Gainers:
- Maruti Suzuki: +3%
- Mahindra & Mahindra
- Larsen & Toubro
- Bajaj Finance
- Tata Motors
Top Losers:
- Tata Steel
- Adani Ports
- Hindustan Unilever
- HCL Tech
- Tech Mahindra
Sectoral Highlights
- Gainers:
- Auto, Power, and Capital Goods indices surged by 1% each.
- BSE Midcap gained 0.5%, and Smallcap indices rose by 1%.
- Losers:
- Metal and Realty sectors saw minor declines.
Market Drivers
Positive sentiment dominated the session, driven by buying in blue-chip stocks across most sectors. Auto stocks led the rally, while financial services lent significant support to the broader market.
Global and Commodity Update
- Brent Crude Oil: Rose 0.88%, trading at $74.64 per barrel.
Annual Review
As a reminder, the markets ended 2024 with strong annual returns:
- Sensex: +8.16%
- Nifty: +8.80%
The benchmarks recorded their ninth consecutive year of gains, underscoring sustained investor confidence.
Outlook
The robust start to 2025 signals positive investor sentiment as markets look ahead to another year of potential growth.
Disclaimer:
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