The broader markets were not spared from the bearish sentiment, as both the Nifty Smallcap100 and Nifty Midcap100 indices closed lower. The Nifty Smallcap100 slipped by 0.93 per cent, reflecting selling pressure in smaller companies,

TCS results will give an indication of what is in store for the IT sector. The strength of the US economy and the depreciation of rupee will be tailwinds for the IT sector.

Indian benchmark indices are trading lower at noon. Both Nifty and Sensex are down 0.6%. The benchmark Nifty 50 will see volatility on Thursday's weekly expiry.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,721 level, a discount of nearly 60 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty and Sensex staged a modest recovery on Wednesday, closing slightly in the negative as a rebound in IT stocks provided support. Gains in Reliance Industries lifted the oil and gas sector,

The Indian stock market began 2025 on a mixed note, with the benchmark indices Sensex and Nifty oscillating between gains and sharp losses during the first week. From a promising rally on January 2 to a dramatic plunge on January 6,

On January 8, strong backing from Reliance Industries prevented major indices from significant declines. Oil and gas stocks surged due to rising crude prices, while support from the IT sector and ITC share rebounds helped the indices recover to end the session flat.

The stock market ended trading on Tuesday in green, managing to recover some of the losses taken in the last trading session. The key equity benchmarks, Sensex and Nifty, closed the session higher. The BSE Sensex settled for the day more than 200 points higher at 78,

Adani Ports, Asian Paints, IndusInd Bank and Reliance Industries gained 1.3-1.6 per cent. Tata Motors Ltd, ICICI Bank Ltd, Power Grid, Tata Steel and UltraTech Cement also gained over 1 per cent each.