Market Opening Bell: Sensex jumps 550 points, Nifty crosses 23,500

Indian benchmark indices, Sensex and Nifty, maintained their bullish momentum and opened in the green on Monday, March 24, 2025, despite weak global market cues. The 30-share BSE Sensex surged 550.76 points or 0.71% to begin trading at 77,456.27, while the Nifty gained 165 points, opening at 23,515.40. In the previous session on Friday, the Sensex had closed at 76,905.51 and the Nifty 50 at 23,350.40.

Top Gainers and Losers: Larsen & Toubro Leads, Titan Slips

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From the Sensex pack, Titan, Ultra Tech Cement, Infosys and Hindustan Unilever were among the biggest laggards in the opening trade, with Titan losing around 0.34 per cent. On the other hand, stocks like Larsen & Toubro, Power Grid, NTPC, Reliance and Kotak Bank were in the green. Larsen & Toubro was the top gainer on the BSE, up 2.63 per cent while writing the report.

In early trade, 2,009 stocks in the Nifty pack were trading in the green, while 231 were trading in the red. 70 stocks remained unchanged. Last week, the Nifty surged by 4.6 per cent despite the jittery global market due to fear of US President Donald Trump’s reciprocal tariffs kicking in from April 2, 2025.

Mixed Global Cues: Asian Market in Red, US Markets Close Higher

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Meanwhile, Asian markets traded in the red today and the US stock market edged higher to close in green on Friday. At the time of writing the news, Hong Kong’s Hang Seng Index was down by 55.34 points or 0.23 per cent, and Japan’s Nikkei 225 was up 19.42 points or 0.05 per cent. Similarly, South Korea’s Kospi was down by 6.26 points or 0.23 per cent. Similarly, China’s Shanghai Composite was in the red.

Earlier, Gift Nifty, an early indicator for equity market indices, indicated a flat start for the Nifty 50 as it opened flat at 23,476.50 against the previous close of 23,478 on Friday. Major Nifty sectoral indices traded in the green today and the Nifty IT too was up 0.84 per cent. The Nifty Auto was up by 0.60 per cent. Similarly, the Nifty Realty gained 1.25  per cent, and Nifty PSU.