The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,990 level, a premium of nearly 75 points from the Nifty futures’ previous close.

Gift Nifty is trading at a premium of about 50 points compared to Nifty Futures Monday wrap up, indicating that the Asian markets positive outlook has contributed to the Indian markets strong start thanks to the early gains.

The Indian stock market extended its rally for the second consecutive week, buoyed by strong performances in financials, autos, and metals. The Nifty Bank index, which hit a record high of 53,793, gained nearly 3% for the second straight week.

Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed on a higher note during Monday’s trading session.

For the first time, the Sensex has surged past 85,000 points, continuing a record-breaking streak in the Indian stock market, driven by gains in the steel and automotive sectors. Among the top performers in the 30-share Sensex were Tata Steel, JSW Steel, and Powergrid, while Hindustan Unilever, Infosys, and Bajaj Finance were among the laggards.

Indian equity benchmark indices BSE Sensex and Nifty 50 opened in the red on Tuesday, as markets took a breather while searching for fresh cues.

Stock Market LIVE Updates | On Friday, Indian benchmark equity indices hit record highs and saw weekly gains, driven by a significant interest rate cut from the U.S. Federal Reserve earlier in the week,

India's NSE Nifty and BSE Sensex are among the top-performing indexes globally, with gains of 18.7% and 17% in 2024, trailing only Nasdaq and S&P 500. Read more news like this on HindustanTimes.com

The benchmark equity indices opened Monday’s trading session on a positive note. The NSE Nifty 50 opened 0.25% higher at 25,856.05, while the BSE Sensex opened 150 points 0.18% higher at 84,693. The broader indices opened in the green.