The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,438 level, a premium of nearly 20 points from the Nifty futures’ previous close.

The stock market opened in the red as trading began on Thursday, January 30, 2025, with consumer durables, auto, and IT stocks falling the most. At 9:20 am IST, the benchmark BSE Sensex was down by 75.

Indian equity benchmarks, Sensex and Nifty 50 opened marginally higher ahead of the Economic Survey 2025, and tracking gains in global markets. Optimism is also brewing as investors look for potential catalysts in the upcoming Union Budget. Construction, IT, and auto stocks steered the rally, while financials and metals weighed on the benchmarks.