The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,838 level, a premium of nearly 53 points from the Nifty futures’ previous close.

The GIFT Nifty implied that the markets would open on a higher note. It was up 68 points, or 0.28%, at 23,840. During the pre-open session, the Nifty 50 was up 62.50 points, or 0.26%, at 23,801.75, while the Sensex was up 120.79 points, or 0.15%, at 78,704.60.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,365 level, a discount of nearly 190 points from the Nifty futures’ previous close.

Indian benchmark indices The Sensex and Nifty surged in the second half of Tuesday, closing nearly 2 per cent higher after the US paused its planned tariffs on Canada and Mexico, providing temporary relief from escalating trade tensions.

IST, the benchmark BSE Sensex was down by 680.06 points or 0.88%, reaching 76,825.90. The broader NSE Nifty opened 224.45 points down or 0.96% in the red, reaching 23,2

On February 4, Indian stock market benchmarks Sensex and Nifty 50 gained over 1%, turning positive for the year, despite concerns about weak quarterly earnings and foreign capital outflows.

BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade on Monday morning. While BSE Sensex went below 77,000, Nifty50 was near 23,250. At 9:20 AM, BSE Sensex was trading at 76,843.

The stock market rallied upon opening as trading began on Tuesday, February 4, 2025. Metal, auto, and PSU Bank stocks rose the most. At 9:20 am IST, the benchmark BSE Sensex was up by 481.50 points or 0.

On Saturday, the Indian stock market closed flat after the presentation of the Union Budget 2025. The Sensex inched up by 5.39 points, or 0.01%, to settle at 77,505.96, while the Nifty 50 declined 26.