Tue Jan 07 05:15:13 UTC 2025: ## Indian Stock Markets Open Higher Despite Global Uncertainty
**Mumbai, India** – Indian stock markets opened significantly higher on Tuesday, rebounding from Monday’s losses fueled by global virus concerns. Despite mixed signals from international markets, the benchmark Sensex gained over 300 points at the opening bell, trading above 41,191 by 9:30 AM, while the Nifty index surpassed 23,700.
Several prominent stocks, including Titan, Adani Ports, IndusInd Bank, Tata Steel, Tech Mahindra, ICICI Bank, Power Grid Corporation, HCL Technologies, Bajaj Finance, and Bharti Airtel, saw early gains. However, some stocks like Zomato, Axis Bank, and M&M experienced initial losses.
International markets showed mixed performance. Brent crude traded at $76.22 per barrel, gold at ₹2,649.20 per ounce, and the rupee stood at 85.78 against the dollar. US markets closed flat on Monday, while Asia-Pacific markets displayed a mixed trend on Tuesday.
Foreign institutional investors (FIIs) sold shares worth ₹2,575 crore on Monday, while domestic institutional investors (DIIs) bought ₹5,750 crore worth of shares. Investor attention is currently focused on the upcoming third-quarter (October-December) earnings reports from IT companies.
First Piper 