The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,130 level, a premium of nearly 38 points from the Nifty futures’ previous close.

The Indian stock market opened lower on Monday as selling was seen in the auto, IT, PSU bank, financial service, FMCG, media, energy and metal sectors on Nifty in early trade.

MUMBAI: It was a rollercoaster ride for the Indian equity markets in 2024 with benchmark stock indices Sensex and Nifty making decent gains in the first half but losing in the second half of

Indian stock market benchmarks, Sensex and Nifty 50, faced significant losses on January 3 due to profit booking and a strengthening US dollar. The Sensex dropped over 700 points, while the Nifty 50 fell 200 points amid selling pressure across several sectors.

The bears took control of Dalal Street on Friday, pushing Nifty close to the critical 24,000 level after strong gains in the first two sessions of the new year. The decline was driven by selling pressure in IT,

Falling IT, pharma, healthcare, and bank stocks caused the stock market to crash during the later trading hours