• Latest
Indian Stock Market Opens Higher, Nifty Surpasses 23,000

Indian Stock Market Opens Higher, Nifty Surpasses 23,000

January 29, 2025
Chiru-Venky Reunite for Ravipudi's Entertainer

Chiru-Venky Reunite for Ravipudi’s Entertainer

June 23, 2025
‘I Was Used as a Pawn’: Journalist Krishnam Raju in Police Interrogation

‘I Was Used as a Pawn’: Journalist Krishnam Raju in Police Interrogation

June 23, 2025
Jagan Named Accused in Guntur Accident That Killed Pedestrian

Jagan Named Accused in Guntur Accident That Killed Pedestrian

June 23, 2025
Eat Smart: Health Benefits and Side Effects of Pumpkin Seeds

Eat Smart: Health Benefits and Side Effects of Pumpkin Seeds

June 22, 2025
Your Future Doctor May Be Your Smartphone, Say Google Execs

Your Future Doctor May Be Your Smartphone, Say Google Execs

June 22, 2025
The Power of Yoga: Ancient Wisdom for Modern Wellness

The Power of Yoga: Ancient Wisdom for Modern Wellness

June 22, 2025
Salman Khan Breaks Silence on Health Issues, Marriage and Career Choices

Salman Khan Breaks Silence on Health Issues, Marriage and Career Choices

June 22, 2025
Allu Arjun Not in 'Shaktimaan', Confirms Director Basil Joseph

Allu Arjun Not in ‘Shaktimaan’, Confirms Director Basil Joseph

June 22, 2025
Missiles Rain Down on Israel as Iran Strikes Back Following U.S. Bombings

Missiles Rain Down on Israel as Iran Strikes Back Following U.S. Bombings

June 22, 2025
Anasuya Flaunts Bold New Look Ahead of Tamil Releases

Anasuya Flaunts Bold New Look Ahead of Tamil Releases

June 22, 2025
Nara Lokesh Hails Vizag’s Guinness Record for Largest Yoga Gathering

Nara Lokesh Hails Vizag’s Guinness Record for Largest Yoga Gathering

June 22, 2025
Brahmanandam Teases Mohan Babu at Kannappa Event: Devotion or Debate?

Brahmanandam Teases Mohan Babu at Kannappa Event: Devotion or Debate?

June 22, 2025
Tuesday, June 24, 2025
  • Login
CredTimes.com : Formerly known as TollywoodTimes.com
720 X 90 Advertisement
ADVERTISEMENT
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
CredTimes.com : Formerly known as TollywoodTimes.com
Home Business

Indian Stock Market Opens Higher, Nifty Surpasses 23,000

Rajeshwari R by Rajeshwari R
January 29, 2025
in Business
Reading Time: 3 mins read
0
Indian Stock Market Opens Higher, Nifty Surpasses 23,000

Indian Stock Market Opens Higher, Nifty Surpasses 23,000

6.8k
SHARES
19.5k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Indian Stock Market Opens Higher, Investors Await Union Budget 2025-26

Mumbai: The domestic stock markets opened higher on Wednesday, marking the second consecutive day of gains, as investors eagerly anticipate positive cues from the upcoming Union Budget for 2025-26.

By 9:33 a.m., the Sensex was up by 195 points or 0.29%, reaching 76,122, while the Nifty 50 rose by 65 points or 0.29%, trading at 23,025.

Market observers noted that the upcoming decision from the US Federal Reserve on Wednesday is not expected to impact the markets significantly, as no changes in policy are anticipated.

On Tuesday, the indices recorded their best session since January 2. Shrikant Chouhan, Head of Equity Research at Kotak Securities, pointed out that the market had a strong start but saw some profit booking at higher levels. A long-legged doji candlestick pattern on the daily chart suggested indecision between buyers and sellers. He indicated that 23,150 on Nifty and 76,300 on Sensex would be key trend-deciding levels for the market.

If these levels are breached, the indices could retest higher levels of 23,250-23,350 for Nifty and 76,900-77,200 for Sensex.

In early trading, major stocks like Infosys, ICICI Bank, HDFC Bank, Bajaj Auto, and Tata Consultancy Services contributed positively to the Nifty 50 index.

Among sectoral indices, the NSE Media index saw the most significant gains, while the NSE FMCG index faced losses. Broader markets outperformed the benchmark indices, with the BSE Midcap and Smallcap indices rising by 0.89% and 1.04%, respectively.

On BSE, 19 out of 21 sectors advanced, with BSE IT showing the most growth, while BSE FMCG suffered losses.

For the Bank Nifty index, experts observed that it may find support at 48,500, followed by 48,200 and 47,900. If the index advances further, 49,000 would act as initial resistance, followed by 49,300 and 49,600.

Foreign institutional investors (FIIs) sold equities worth Rs 4,920.69 crore on January 28, while domestic institutional investors (DIIs) bought equities worth Rs 6,814.33 crore on the same day.

Tags: Indian Stock MarketNiftySensexstock marketTOP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Chiru-Venky Reunite for Ravipudi's Entertainer

Chiru-Venky Reunite for Ravipudi’s Entertainer

June 23, 2025
‘I Was Used as a Pawn’: Journalist Krishnam Raju in Police Interrogation

‘I Was Used as a Pawn’: Journalist Krishnam Raju in Police Interrogation

June 23, 2025
Jagan Named Accused in Guntur Accident That Killed Pedestrian

Jagan Named Accused in Guntur Accident That Killed Pedestrian

June 23, 2025
No Result
View All Result

Recent News

  • Chiru-Venky Reunite for Ravipudi’s Entertainer
  • ‘I Was Used as a Pawn’: Journalist Krishnam Raju in Police Interrogation
  • Jagan Named Accused in Guntur Accident That Killed Pedestrian
  • Eat Smart: Health Benefits and Side Effects of Pumpkin Seeds

We bring you the latest updates on Indian political affairs, business trends, sports highlights, and the glitz and glamour of the entertainment world. Stay tuned for comprehensive coverage of movie releases and reviews, ensuring you're always in the know. Trust CredTimes.com to keep you informed and credible.

  • About Us
  • Privacy & Policy
  • Contact Us

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)