Flat Opening Anticipated for Indian Markets as GIFT Nifty Futures See Minor Gains

Share Market Update, October 25, 2024: The opening session for Indian equity indices, including Sensex and Nifty, is expected to be relatively flat today. As of around 7:00 AM, GIFT Nifty futures, which serve as an early gauge for the 50-share index, showed an uptick of 4 points, or 0.02 percent, reaching a level of 24,456 before the market bell rings on Dalal Street.

Global Market Overview | US Stock Markets and Asian Markets

US Stock Markets

The major US stock indices, including the Nasdaq and S&P 500, concluded the previous session on a positive note, largely benefiting from increased investment in sectors such as consumer discretionary, communication services, real estate, and IT stocks. Notable performers included Tesla, which surged over 20 percent following its quarterly results, while the Dow Jones Industrial Average saw a decline of 0.33 percent.

Updates from Asian Markets

In Asia, market activity reflected a mixed sentiment. While Japan's Nikkei 225 index fell by nearly 1 percent, Hong Kong's Hang Seng index recorded a gain of 0.70 percent.

Global Markets Snapshot

• Nasdaq closed at 18,415.49, up 138.83 points or 0.76 percent
• S&P 500 increased by 12.44 points or 0.21 percent, finishing at 5,809.86
• Dow Jones decreased by 140.59 points or 0.33 percent to end at 42,374.36
• Japan's Nikkei 225 dipped by 376.80 points or 0.99 percent to close at 37,766.49
• Hong Kong's Hang Seng rose by 143.51 points or 0.70 percent, reaching 20,633.13

Recap of Previous Market Session

On Thursday, October 24, 2024, both Sensex and Nifty ended in the red. The Sensex settled at 80,065.16, down 16.82 points or 0.02 percent, while the Nifty 50 concluded at 24,399.40, lower by 36.10 points or 0.15 percent.

ALSO READ | Sensex Remains Flat, Nifty Dips Below 24,400 as Foreign Institutional Investors Continue Selling; HUL Drops Over 5%

Investors should note the top gainers and losers from the last session:

Top Nifty 50 Losers

HINDUNILVR	-5.81
SBILIFE	-4.67
HINDALCO	-3.71
NESTLEIND	-2.76
BAJAJ-AUTO	-2.69
BRITANNIA	-2.26
ITC	-2.01
TATACONSUM	-1.67
MARUTI	-1.4
HDFCLIFE	-1.01
BPCL	-0.87
HEROMOTOCO	-0.56
INFY	-0.52
ASIANPAINT	-0.49
ONGC	-0.44
TCS	-0.40
DRREDDY	-0.34
ADANIENT	-0.26
EICHERMOT	-0.17
BHARTIARTL	-0.17
KOTAKBANK	-0.16
LT	-0.16
HCLTECH	-0.16
TECHM	-0.01

Top Nifty 50 Gainers

ULTRACEMCO	2.66
SHRIRAMFIN	1.82
M&M	1.48
TITAN	1.45
GRASIM	1.40
ADANIPORTS	1.23
SBIN	1.15
BEL	1.10
POWERGRID	0.92
APOLLOHOSP	0.89
HDFCBANK	0.85
NTPC	0.81
CIPLA	0.63
COALINDIA	0.61
BAJFINANCE	0.59
AXISBANK	0.57
SUNPHARMA	0.55
INDUSINDBK	0.37
TATAMOTORS	0.32
BAJAJFINSV	0.30
ICICIBANK	0.25
JSWSTEEL	0.20
TATASTEEL	0.19
TRENT	0.09
WIPRO	0.07
RELIANCE	0.07

Stocks to Watch Today

Traders will be tracking specific company stocks that are expected to receive attention today. Key stocks of interest include ITC, Coal India, IndiGo, Godrej Consumer Products, NTPC, Dixon, Shriram Finance, and MGL.

Stay informed on market developments!

Markets, Stocks, Gainers