Indian Stock Market Opens Strong in 2025

The Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday, marking a positive start to the year 2025. At 9:17 AM, BSE Sensex was trading at 78,730.21, up by 223 points or 0.28%, while Nifty50 was at 23,810.60, up by 68 points or 0.29%.

Technical Analysis and Market Sentiment

Rupak De, Senior Technical Analyst at LKP Securities, highlighted the day's volatile yet positive trading pattern, noting a strong short-term sentiment. However, he mentioned that the index's position below the 200-day moving average (200 DMA) remains a key hurdle. Shrikant Chouhan, Head – Equity Research at Kotak Securities, observed a positive reversal pattern following a brief downward adjustment.

Global Market Overview

Asian equities prepared for a tentative start to the New Year, following a disappointing conclusion to what was otherwise an exceptional 2024 for global share markets. Shanghai futures declined, and the S&P 500 and Nasdaq 100 indices recorded their fourth straight session of losses, reducing large-cap market valuations significantly.

Investor Activity

On the first day of 2025, foreign institutional investors (FIIs) offloaded Indian shares worth Rs 1,782.71 crore, while domestic institutional investors (DIIs) acquired shares valued at Rs 1,690.37 crore.