M&M, IndusInd Bank, Bajaj Finance, Tata Motors and Bajaj Finserv were the top gainers on the BSE Sensex. SBI, Tata Steel, Adani Ports, Zomato and Ultratech were the major losers

The stock markets will remain closed on December 25 for Christmas. On Tuesday, investors showed caution leading to minor declines in BSE Sensex and Nifty50 amidst foreign fund outflows.

Equity benchmarks rise in afternoon trade, Sensex at 78,788.13, Nifty at 23,846.35, auto and banking stocks lead gains.

Market experts expect the indices to consolidate within a narrow range for the rest of the year, as the lack of major positive or negative triggers limits market movement

As markets in India and around the world reopen after the Christmas holiday, investors here are looking to ride the so-called Santa Clause rally driving Wall Street higher

Mumbai: Benchmark indices Sensex and Nifty surged in early trade on Thursday amid a rally in Asian markets and buying in blue-chip bank stocks. The 30-share BSE benchmark Sensex jumped 425.5 points to 78,898.37 in early trade. The NSE Nifty surged 123.85 points to 23,851.50.

Indian stock markets opened marginally higher on Thursday, a day after being closed for the Christmas holiday.

Market experts advise caution amid global trends and FII selling pressure, with Nifty consolidating around 23,900-23,600 range.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,800 level, a premium of nearly 30 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,727.65, while Sensex ended at 78,472.87. Asian stocks gained in early trade today. Today is also the last Nifty 50 expiry of 2024.