
Stock market today: Nifty50 opens above 25,100; BSE Sensex up over 250 points
Stock market today:
Nifty50
and
BSE Sensex
, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,100, BSE Sensex was up over 250 points. At 9:17 AM, Nifty50 was trading at 25,130.20, up 69 points or 0.28%.
BSE Sensex was at 82,424.84, up 238 points or 0.29%.
Analysts suggest markets may remain range-bound short-term, with corporate earnings being the key focus. Trading activity is expected to be driven by company-specific developments as more firms report their financial results.
VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, 'The 11th new record high for 2025 set by S&P 500 yesterday is an indication of the direction and resilience of equity markets globally.
Markets are climbing all walls of worries and valuation concerns have been put on the back burner. In the near-term this resilience is likely to continue.'
'A significant takeaway from the early Q1 results is the improving prospects of banking and digital stocks. In banking the market will be choosey with focus on the high quality private sector banks, particularly ICICI Bank and HDFC Bank. Q1 results of Eternal and Paytm indicate steady growth potential of the digital stocks which have a long runway of growth.
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Investor interest in the digital segment will remain high despite the high valuations.
"
US equities finished mixed on Tuesday, with General Motors declining sharply while Tesla advanced. Investors remained focused on earnings reports and developments in US trade negotiations.
Asian equities opened higher following US President Trump's announcement of a US-Japan trade agreement, which helped ease trade tension concerns.
Gold prices reached their highest level in over five weeks on Wednesday, driven by a weakened US dollar and declining Treasury yields, as market participants awaited developments in US trade talks.
Foreign portfolio investors sold shares worth Rs 3,548 crore net on Tuesday, whilst domestic institutional investors made net purchases of Rs 5,240 crore.
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