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Stock Market Updates: Sensex Rises 170 Points, Nifty Above 25,900; Vodafone Idea Up 6%, Indus Tower 5%


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Equity markets stabilised on Friday, a day after logging their worst sell-off in a month amid US tariff fears.

Sensex Today

Sensex Today

Sensex Today: Indian equity markets steadied on Friday, a day after witnessing their sharpest sell-off in a month on concerns over potential US tariff actions.

The BSE Sensex was trading near 84,357, up 176 points or 0.21 per cent, after opening on a flat note. The Nifty50 was quoting at 25,923, higher by 46 points or 0.18 per cent.

In the broader market, the Nifty MidCap index edged up 0.19 per cent, while the Nifty SmallCap index slipped 0.29 per cent.

Investors await US Supreme Court ruling on the legality of President Donald Trump’s sweeping global tariffs.

On the data front, investors eye Fed balance sheet data, non-farm payroll data, and unemployment data from the US, along with inflation data from China. Back home, D-Street investors await bank loan growth data and foreign exchange reserve data.

Global Cues

Markets in the Asia-Pacific traded mixed on Friday as investors awaited the release of China’s inflation data later in the day. China’s consumer price inflation for December is expected to rise to 0.8 per cent year on year, according to economists polled by Reuters, up from 0.7 per cent in November. Japan’s benchmark Nikkei 225 gained 0.54 per cent, South Korea’s Kospi fell 0.41 per cent, while Australia’s S&P/ASX 200 edged slightly below the flatline.

US equity futures, meanwhile, were little changed.

Overnight in the US, Wall Street’s major indices settled on a mixed note. The Dow Jones Industrial Average rose 0.55 per cent as investors rotated away from technology stocks, while the Nasdaq Composite fell 0.44 per cent. The S&P 500 ended marginally higher, adding just 0.01 per cent.

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News business markets Stock Market Updates: Sensex Rises 170 Points, Nifty Above 25,900; Vodafone Idea Up 6%, Indus Tower 5%
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