The domestic benchmark indices opened lower on Friday as selling was seen in the IT, pharma, financial service and FMCG sectors.

At around 9.29 am, Sensex was trading at 79.710.47 after dropping 233.24 points or 0.29 per cent, while Nifty was trading at 24,131.90 after declining 56.75 points or 0.23 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,256 stocks were trading in green, while 401 stocks were in red.

According to market experts, the uncanny ability of the market to surprise was evident in yesterday’s massive 445 point rally in Nifty. Even though FII buying helped in the rally, at Rs 1,506 crore net buying it was not good enough to trigger such a massive 1.8 per cent rally in Nifty.

Nifty Bank was down 43.70 points or 0.08 per cent at 51,561.85. Nifty Midcap 100 index was trading at 58,275.60 after rising 167.40 points or 0.29 per cent. Nifty Smallcap 100 index was at 19,178.55 after rising 98.20 points or 0.51 per cent.

Dense fog enveloped various parts of Delhi-NCR, bringing visibility down and thereby impacting train and flight operations.

At least 24 trains departing from Delhi were delayed due to weather-related conditions. Among the affected trains, the Ayodhya Express was delayed by four hours, the Gorakhdham Express was running more than two hours late, and the Bihar Kranti Express and the Shram Shakti Express were delayed by over three hours

Many airlines' flights were also affected, even though the Delhi airport reported an average delay of five minutes for arrival flights and 11 minutes for departure flights, as per FlightRadar24.

While SpiceJet said all flights coming in and going to Amritsar and Guwahati are affected due to bad weather, IndiGo issued a travel advisory with special focus on the Delhi, Amritsar, Lucknow, Bengaluru and Guwahati routes.

Various airlines urged travellers to check flight schedules while planning their journey, warning that flights might be cancelled if the visibility remains poor.

Delhi woke up to a thick blanket of fog on Friday, with temperatures dropping to a minimum of 8 degrees Celsius. Meanwhile, Delhi’s air quality deteriorated further, recording an Air Quality Index (AQI) of 318 in the “very poor” category, as the Central Pollution Control Board resumed data updates after a day-long pause.

The maximum and minimum temperatures are forecasted to be 17 degrees Celsius and 8 degrees Celsius, respectively.

Visibility conditions worsened significantly at 6 am, leading authorities to take action to ensure safety. Flights that lack the necessary equipment for low-visibility landings, especially those not adhering to CAT III standards, are expected to experience delays or cancellations.

Indian equity indices are poised to advance in the beginning of 2025 on the back of recovery expected in earnings, supported by boost in rural spending and pick up in government spending, according to a Bank of Baroda (BoB) report released on Thursday.

Both Sensex and Nifty 50 surged by 8.7 per cent and 9 per cent, respectively, in CY 2024. Sensex touched an all-time high this year as it breached the mark of 85,500. Sectors including real estate, consumer durables and IT were amongst the best-performing stocks in CY24, the report said.

The government continue to follow its fiscal prudence path, as it plans to lower its fiscal deficit to 4.9 per cent of GDP with the gross borrowing target of Rs 14 lakh crore.

Expectation of rate cut by RBI are back on the table beginning with possibly February 2025 after keeping rates on hold at 6.5 per cent since Feb 2023, the report mentioned.

After a muted beginning, the Indian stock market welcomed 2025 with a bang on Thursday, surging more than 1,400 points, or 1.83 per cent, as auto stocks saw a bumper rally on the back of strong car sales data for December.

The Nifty auto index gained 3.79 per cent.

Sensex ended at 79,943.71, up by 1,436.30 points, or 1.83 per cent, and Nifty settled at 24,188.65, up by 445.75 points, or 1.88 per cent.

Sensex logged an intra-day high at 80,032.87, while Nifty surged to the day's high at 24,226.70.

Nifty Bank ended at 51,605.55, up by 544.95 points, or 1.07 per cent. The Nifty Midcap 100 index closed at 58,108.20 after rising 657.30 points, or 1.14 per cent, while the Nifty Smallcap 100 index closed at 19,080.35 after rising 120.55 points, or 0.64 per cent.

Indian stock market surged by nearly 1.6 per cent in afternoon trade on Thursday as heavy buying was seen in auto, energy, private bank, infra, commodity and IT sectors on Nifty.

At around 1.39 pm, Sensex was trading at 79,766.88 after rising 1,259.47 points or 1.60 per cent, while Nifty was trading at 24,112.25 after rising 369.35 points or 1.56 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,366 stocks were trading in green, while 529 stocks were in red.

Nifty Bank was up 386.45 points or 0.76 per cent at 51,447.05. Nifty Midcap 100 index was trading at 57,740.40 after rising 289.50 points or 0.50 per cent. Nifty Smallcap 100 index was at 19,022.65 after rising 62.85 points or 0.33 per cent.

The domestic benchmark indices opened flat on Thursday as selling was seen in the PSU bank, pharma, FMCG, realty, media, energy and metal sectors on Nifty.

At around 9.31 am, Sensex was trading at 78,573.16 after rising 65.75 points or 0.08 per cent, while Nifty was trading at 23,766.05 after rising 23.15 points or 0.10 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,366 stocks were trading in green, while 529 stocks were in red.

According to market experts, Q3 corporate earnings are unlikely to register a rebound which means that investors have to focus on segments which will buck the slowdown.

Nifty Bank was up 21 points or 0.04 per cent at 51,081.60. Nifty Midcap 100 index was trading at 57,471.35 after rising 20.45 points or 0.04 per cent. Nifty Smallcap 100 index was at 18,961.95 after rising 2.15 points or 0.01 per cent.

Dense fog enveloped parts of Delhi on Thursday morning, causing visibility to plummet and disrupting normal life.

The temperature dipped to 10 degrees Celsius at 5:30 a.m., and flight operations at the Indira Gandhi International (IGI) Airport faced potential disruptions due to reduced visibility.

According to the Delhi Airport authorities, runway visibility ranged between 200 to 500 meters, while general visibility dropped to zero at 6 a.m. Flights equipped for low-visibility operations were able to land, but others were likely to face delays or diversions.

The India Meteorological Department (IMD) issued a yellow alert for dense fog in Delhi and neighbouring areas, including Noida, Ghaziabad, and Gurgaon, warning residents of poor visibility and challenging commuting conditions.

India's total exports of goods and services in 2024 are projected to exceed Rs 69,58,886 crore ($814 billion), which represents a 5.58 per cent increase compared to the corresponding figure of Rs 65,69,907 crore ($768.5 billion) in 2023, according to figures compiled by Global Trade Research Initiative (GTRI).

This growth is driven by a robust 10.31 per cent rise in services exports to Rs 31,82,793 crore ($372.3 billion), while merchandise exports are expected to grow at a more modest pace of 2.34 per cent to Rs 37,74,384 crore ($441.5 billion) amid global geopolitical uncertainties such as the Israel-Hamas conflict and the Ukraine-Russia war.

The report highlights India's evolving export landscape, with high-value sectors like electronics and machinery gaining a bigger share in the export basket since 2014 while traditional sectors such as garments and textiles are witnessing a decline.

The domestic benchmark indices opened flat on Wednesday as selling was seen in auto, PSU bank, financial service, pharma and metal sectors on Nifty.

At around 9:35 am, Sensex was trading at 78,054.12 after declining 84.89 points or 0.11 per cent, while the Nifty was trading at 23,617.55 after declining 27.25 points or 0.12 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,538 stocks were trading in green, while 621 stocks were in red.

According to market experts, the New Year began on a sombre note for the Indian equity market.