It’s 2025, the brand new year is finally with us, and the Indian equity markets are in action on the first day of the year.
The indices kickstarted 2025 on a relatively positive note, as on Wednesday, January 1, 2025, indices opened relatively flat with marginal gains.
The Indian markets opened flat on Wednesday with Sensex at 78,235.89, up by 96.88 points or 0.12 per cent, and Nifty at 23,663.25, up by 18.45 points or 0.08 per cent.
Nifty Bank in the morning session was trading slightly high at 50,941.60 also up by 81.40 points or 0.16 per cent.
From the Sensex pack, Sun Pharma, Asian Paints and TCS were among the major gainers in the morning session, whereas Adani Ports, IndusInd Bank, and ICICI Bank were among the laggards.
From the Nifty tranche,Apollo Hospital, Eicher Motors and Bajaj Finance were amongst the gainers, while ONGC, Trent and Wipro were among the losers.
The Indian rupee stood at 85.79 against the US dollar.
Markets on Tuesday
The stock markets ended the previous day of trade with palpable damages. Both the BSE Sensex and the NSE Nifty sinking further in red.
The 30-share BSE Sensex closed with marginal losses of 109.12 points, or 0.14 per cent, ending the day at 78,139.01. Similarly, the NSE Nifty dropped in value by 0.100 points or 0.00042 per cent, to close at 23,644.80.
Additionally, the Nifty Bank also closed in red. The index closed at 50,860.20, decreasing by 92.55 or 0.18 per cent.
Gainers and Losers
On Tuesday, Kotak Bank, ITC, Ultratech and Tata Motors made gains at Dalal Street.
Amongst laggards, Tech Mahindra lost over 2 per cent. Along with that, Zomato and TCS also closed in red.
Energy and International Markets
When we look at the international crude oil market on the first day of 2025, the prices of benchmark avenue has seen an uptick. The U.S. West Texas Intermediate crude (WTI) increased marginally to USD 71.87 compared to the previous closing of USD 71.72. Brent crude prices also increased to USD 74.83 a barrel, compared to its previous closing of USD 73.99.
On Tuesday both S&P 500 and Nasdaq saw a collective drop in their numbers, meanwhile, Dow Jones Industrial Average also witnessed a decline in its overall value.
The S&P 500 closed at 5,881.63, losing 0.43 per cent or 25.31 points. The Dow Jones Industrial Average ended at 42,573.73 with marginal losses of 0.069 per cent or 29.51 points.
Japan’s Nikkei 225 was closed for trading on January 1. Another one of Tokyo’s major indices, the TOPIX, was also shit, and it closed on December 30 with a loss of 0.60 per cent to slump to 2,784.92.
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Additionally, the Nasdaq Composite saw a relatively big dip of 0.90 per cent or 175.99 points to reach 19,310.79.
Major indices across Asia are shut for trading today. Meanwhile major indices across the east concluded their last session of 2024 in red.
Japan’s Nikkei 225 was closed for trading on January 1. Another one of Tokyo’s major indices, The TOPIX was also shit, and it closed on December 30 with a loss of 0.60 per cent to slump to 2,784.92.
Hong Kong’s Hang Seng had a different story to tell, as the index saw a minor rise of 0.092 per cent to jump to 20,059.95 points on December 31.
In mainland China, on December 31, the SSE composite dropped in value by 1.63 per cent, to slump to 3,351.76
South Korea’s KOSPI also dropped in value. The index diminished by 0.22 per cent to crawl at 2,399.49 on December 30 (like Nikkei and Topic).
