Indian stock market opens higher with surge in financials, positive news for individual stocks mentioned.

From Nasdaq.: 2025-01-01 23:20:37

Indian shares were slightly higher on Thursday, with the S&P/BSE Sensex up 0.4 percent and the NSE Nifty up 0.4 percent. Financials like Kotak Mahindra Bank and Bajaj Finance rose 2-3 percent. RailTel Corporation surged 6 percent with a new order, while Goa Carbon jumped 6.4 percent as operations resumed. NMDC reported a 5.1 percent production increase, and Ambuja Cements gained approval for a merger with Adani Cementation. On the downside, Ashoka Metcast fell 2.2 percent as their CFO resigned, and Ugro Capital climbed 1.1 percent after acquiring shares in MyShubhLife.



Read more at Nasdaq.: Sensex, Nifty Open Higher As Financials Surge