Wed Jan 29 06:08:14 UTC 2025: ## Indian Stock Markets Surge on January 29th, 2025
**Mumbai, India** – Indian stock markets opened strongly on January 29th, 2025, reversing a trend of several weak weeks. The BSE Sensex jumped 266 points, while the NSE Nifty climbed past 23,000. Early trading saw the Sensex rise by 355.87 points to 76,257.28, and the Nifty gain 92.8 points to reach 23,050.05.
Several stocks, including Infosys, Zomato, TCS, Tech Mahindra, HCL Tech, Tata Steel, Tata Motors, and Kotak Mahindra Bank, saw significant gains. However, some blue-chip companies like Hindustan Unilever, Nestle, ITC, and Asian Paints experienced losses.
The positive trend followed a positive close in US markets and mirrored gains in Asian markets like Japan’s Nikkei and South Korea’s Kospi, although China’s Shanghai Composite and Hong Kong’s Hang Seng remained closed. Brent crude oil prices, however, dipped slightly to $77.37 per barrel.
Despite the positive market opening, Foreign Institutional Investors (FIIs) remained net sellers on Tuesday, offloading shares worth ₹4,920.69 crore. The news comes alongside anticipation of the AIBE 19 results, expected soon on allindiabarexamination.com. The examination, held on December 22nd, 2024, comprised 100 questions across 19 subjects. Industry demands for a reduction in the prices of household appliances like TVs, refrigerators, mobile phones, ACs, and washing machines were also noted, though the budget’s response remains to be seen. The announcement of 360 new trains for the Mahakumbh 2025, ensuring no cancellations for Prayagraj-bound trains, was also reported.
First Piper 