Indian Stock Market Opens in Red, Nifty50 Near 24,750 Levels

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The BSE Sensex and Nifty50 started the day in negative territory, with BSE Sensex dropping below 81,300 and Nifty50 remaining close to the 24,750 levels.

Market Performance

At 9:18 AM, BSE Sensex was trading at 81,244.50, down 99 points or 0.12%, while Nifty50 was at 24,748.50, down 52 points or 0.21%.

Global markets displayed mixed performance, with S&P 500 futures edging up, while Japan’s Topix and Australia’s S&P/ASX 200 declined.

Investor Activity

Foreign portfolio investors became net buyers, acquiring shares worth Rs 5,483 crore on Thursday, while domestic institutional investors offloaded shares worth Rs 2,904 crore.

Company Announcements

Reliance Industries, Wipro, Paytm, JSW Steel, and 32 other companies are scheduled to announce their first quarter results today.

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