The stock market opened in the red as trading began on Thursday, January 23, with FMCG, PSU bank, and energy stocks falling the most. At 9:20am, the benchmark BSE Sensex was down by 139.03 points or 0.

Most of the extreme reactions were triggered by the reactions to earnings, which were either in-line or marginally fell short of expectations. Stretched valuations added to the trouble in such names.

Indian equity benchmarks, BSE Sensex and Nifty50, opened in the red zone on Thursday. The BSE Sensex was trading below 76,300, while Nifty50 hovered near 23,100. At 10 am, the Sensex rose by 200.73 points,

The stock market opened in the green for a third time this week as trading began on Wednesday, January 22, 2025, with FMCG, pharma, and IT stocks rising the most. This comes despite a huge crash the market experienced towards the end of the previous day's trading session,

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,137 level, a discount of nearly 60 points from the Nifty futures’ previous close.

The BSE Sensex plunged 1,431 points, or 1.85%, to hit the day's low at 75,641.87. Likewise, the NSE Nifty 50 crashed 367.9 points, or 1.58%, to briefly slip below the 23,000-mark. The benchmark index touched the day's low at 22,