The Indian stock markets began today with a positive movement, as the BSE Sensex opened at 76,978.53, up by 359.20 points or 0.47% from its previous close of 76,619.33 on Friday. The Nifty50 index, however, opened at 23,290.40 but showed a minor dip to 23,239.55, down by 36.35 points or 0.16%.
Among the Nifty50 stocks, 15 ended in the green, with key gainers like Kotak Mahindra Bank, Wipro, NTPC, and SBI. On the other hand, 34 stocks saw losses, with the biggest declines coming from companies such as L&T, HCLTech, and Asian Paints. Kotak Mahindra Bank posted significant gains, followed by SBIN, NTPC, and Reliance.
In the commodity markets, crude oil prices remained stable amid anticipation of Donald Trump's inauguration as US president. March Brent crude oil prices dipped slightly by 0.02% to $80.77 per barrel at 9:28 AM, while WTI crude oil futures for March saw a minor increase of 0.08%, trading at $77.45. In the Indian markets, February crude oil futures were down by 0.27%, trading at ₹6702 on the Multi Commodity Exchange (MCX), and March futures stood at ₹6630, down 0.35%.
