Market Opening Bell: Indian benchmark indices started the session on a positive note on Thursday, i.e. March 13, 2025, amid mixed global cues ahead of Holi. The 30-share BSE Sensex opened at 74,392.54, while the NSE Nifty 50 started the session at 22,541.50.
There was a gain of 362.78 points or 0.49 per cent on the Sensex in the opening trade. Nifty50 was up by 71 points or 0.31 per cent. The Sensex closed at 74,029.76 and Nifty 50 at 22,470.50 in the last trading session on Wednesday.
From the Sensex pack, Hindustan Unilever, Asian Paint, Axis Bank and Kotak Bank were among the biggest laggards in the opening trade, with Hindustan Unilever losing 0.39 per cent. On the other hand, stocks like IndusInd Bank, Tata Steel, Zomato, Bajaj Finserv and Infosys were in the green in the opening trade. IndusInd Bank was the top gainer, up 2.15 per cent while writing the report.
In early trade, 1,264 stocks in the Nifty pack were trading in the green, 714 in the red, and 76 stocks remained unchanged.
What does Gift Nifty indicate?
Earlier, Gift Nifty, an early indicator for equity market indices, indicated a positive start for the Nifty 50, which opened higher at 23,725.50, compared to the previous close of 22,550 on Wednesday.
Asian Markets Today
Meanwhile, Asian markets traded in mixed today as the US stock market ended higher on Wednesday. The Dow Jones Industrial Average closed down 80 points, or 0.2 per cent, while the S&P 500 climbed 0.5 per cent. The tech-heavy Nasdaq ticked increased 1.2 per cent.
At the time of writing the news, Hong Kong's Hang Seng index was down by 173.51 points or 0.74 per cent, and Japan's Nikkei 225 was up by 181.56 points or 0.49 per cent. On the other hand, South Korea’s Kospi was up by 0.95 points or 0.04 per cent. Also, China's Shanghai Composite was in the red.
How did individual sectors perform?
Major Nifty sectoral indices traded in the green, but the Nifty Pharma was down by 0.24 per cent. The Nifty Metal was up by 0.41 per cent. Similarly, the Nifty IT gained 0.55 per cent and Nifty Bank jumped 0.23 per cent in the opening trade.