Indian equity benchmark indices BSE Sensex and Nifty50 plunged significantly on Monday, with Sensex falling over 1000 points and Nifty over 300 points. The rupee also hit a life-time low against the US dollar.

Adani Ports, NTPC, Tata Steel, Zomato and Tata Motors were the top gainers on the Nifty. Laggards included HCL Tech, HUL, Titan Company, TCS and Ultratech Cement were the major laggards

The S&P BSE Sensex gained 408.52 points to 76,738.53, while the NSE Nifty50 110.05 points to 23,196.00 as of 9:30 AM.

BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green a day after the significant market crash. While BSE Sensex was above 76,600, Nifty50 was near 23,200.

The Indian equity markets experienced a sharp decline on Monday, with the BSE Sensex and Nifty50 both trading deep in the red.

The performance comes ahead of the Budget 2025 announcement, with Q3 earnings, foreign investors flow and global trends emerging as key triggers currently. On January 14, 2025, the market is open despite the public holiday in many states due to the celebration of Makar Sankranti 2025.

GMT+0000 (Coordinated Universal Time)Opening BellThe Indian stock market opened marginally higher Tue Jan 14 2025 03:42:33 GMT+0000 (Coordinated Universal Time)GIFT Nifty Signals Gap-Up Start for Dala

The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 23,280 level, a premium of nearly 118 points from the Nifty futures’ previous close.