Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Friday. While BSE Sensex crossed the 80,100 mark, Nifty50 went above 24,350. At 9:20 AM, BSE Sensex was trading at 80,022.48, up 221 points or 0.28%. Nifty50 was at 24,332.30, up 86 points or 0.35%.
Indian equities paused after seven consecutive days of gains, with Nifty and Sensex ending in red on Thursday as investors adopted a cautious stance amidst varied global indicators. The market’s future trajectory will likely be influenced by international market signals and fourth-quarter corporate performance reports.
US stocks advanced on Thursday, marking three consecutive days of gains, supported by technology sector strength as investors evaluated mixed corporate results and monitored US-China trade discussions.
Also Check | Top stocks to buy today: Stock recommendations for April 25, 2025
Asian equities started higher on Friday, following US market optimism about earlier Federal Reserve rate cuts and positive earnings from Alphabet Inc.
Gold prices climbed on Friday, poised for their third straight weekly increase, as market participants keenly observed the progress in trade talks between the U.S. and China.
Oil prices increased slightly on Friday but remained set for weekly declines, as potential higher OPEC+ production and prospects of Russia-Ukraine peace talks could boost supply, whilst uncertain U.S. tariff positions affect demand forecasts.
Foreign portfolio investors shifted to net purchases of Rs 8,250 crore on Thursday, whilst domestic institutional investors offloaded shares worth Rs 534 crore.
FIIs’ net short position decreased to Rs 24,480 crore on Thursday from Rs 70,771 crore on Wednesday.
More Stories
Darlington church food bank to limit people to one bag over costs
Asian stocks rise on Wall Street rally, Alphabet earnings, and trade optimism
Google parent Alphabet reports 12% revenue surge in Q1, $34.5 billion profit driven by Cloud and AI growth