The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,161 level, a premium of nearly 60 points from the Nifty futures’ previous close.

Thursday's session will include the weekly expiry of Nifty 50 options contracts. Additionally, stocks like HUL, Pidilite and Gravita India are expected to react to their quarterly results, announced after market hours on Wednesday.

The stock market opened in the green for a third time this week as trading began on Wednesday, January 22, 2025, with FMCG, pharma, and IT stocks rising the most. This comes despite a huge crash the market experienced towards the end of the previous day's trading session,

Nifty 50 outlook remains weak and the markets will consolidate in a range with stock specific action on the back of Q3 result announcements, analysts said.

The BSE Sensex plunged 1,431 points, or 1.85%, to hit the day's low at 75,641.87. Likewise, the NSE Nifty 50 crashed 367.9 points, or 1.58%, to briefly slip below the 23,000-mark. The benchmark index touched the day's low at 22,

The stock market plummeted towards the end of the trading session on Tuesday, January 21, 2025. At 3:45 pm IST, the benchmark BSE Sensex tanked by 1,235.08 points, or 1.60%, reaching 75,838.36. The broader NSE Nifty fell by 320.