The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,161 level, a premium of nearly 60 points from the Nifty futures’ previous close.

Indian benchmark indices extended the selloff on Tuesdays and are poised to close at the lowest level since the June crash. Selloff in Oil and Gas stocks and banks led the declines in the benchmark index. Nifty 50 index fell below 23,000 for the first time since June 7, 2024, and Sensex fell nearly 1,300 points on Tuesday.

The stock market opened in the green for a third time this week as trading began on Wednesday, January 22, 2025, with FMCG, pharma, and IT stocks rising the most. This comes despite a huge crash the market experienced towards the end of the previous day's trading session,

The Nifty 50 ended the session with a gain of 0.61% at 23,344, while the Sensex closed at 77,073, marking a 0.59% increase from the previous close.

The BSE Sensex plunged 1,431 points, or 1.85%, to hit the day's low at 75,641.87. Likewise, the NSE Nifty 50 crashed 367.9 points, or 1.58%, to briefly slip below the 23,000-mark. The benchmark index touched the day's low at 22,

The stock market plummeted towards the end of the trading session on Tuesday, January 21, 2025. At 3:45 pm IST, the benchmark BSE Sensex tanked by 1,235.08 points, or 1.60%, reaching 75,838.36. The broader NSE Nifty fell by 320.

The Indian equity market began the week on a positive note, with benchmark indices recovering all losses from the previous session, gaining 0.5 per cent. Financial, power, and telecom stocks led the rally.