Desk
Share
New Delhi: Indian equity markets opened on a positive note on Thursday, driven by gains in financial and IT stocks amid growing optimism about a potential interest rate cut to boost economic growth.
At 9:19 AM, the BSE Sensex gained 151 points (0.19%), reaching 78,422, while the Nifty50 climbed 34 points (0.14%) to 23,730.
However, the early gains were short-lived as markets turned negative. By 9:30 AM, the Sensex slipped over 70 points, with sharp fluctuations in select stocks.
Top Gainers at 9:30 AM
| Stock | Price (₹) | % Change |
|---|---|---|
| Abbott India Ltd. | ₹29,241 | +5.18% |
| Rajesh Exports Ltd. | ₹192.32 | +3.75% |
| Metropolis Healthcare Ltd. | ₹1,866 | +3.38% |
| Zensar Technologies Ltd. | ₹925.45 | +3.36% |
| AB Cotspin India Ltd. | ₹480.70 | +3.25% |
Top Losers at 9:30 AM
| Stock | Price (₹) | % Change |
|---|---|---|
| Tega Industries Ltd. | ₹1,565 | -4.81% |
| CMS Info Systems Ltd. | ₹444.30 | -4.67% |
| CCL Products India Ltd. | ₹654.30 | -3.87% |
| Page Industries Ltd. | ₹44,120.25 | -3.66% |
| Future Lifestyle Fashions Ltd. | ₹1.85 | -3.15% |
Market Outlook
The early optimism in the market was offset by profit-taking and sector-specific corrections.
IT and financial stocks showed initial strength but struggled to hold gains.
Investors are closely watching signals on interest rate decisions and global economic trends.
_1763956427_100x75.jpg)
