Mumbai: On January 15 2025 (Wednesday) the BSE Sensex closed at 76,724.08 with an increase of 224.45 points. On the other hand, the NSE Nifty advanced by 37.15 points or 0.16 percent. Both the indexes saw the highest being 76,991.05.

As Zomato, Reliance Industries and Kotak Bank entered the market there was a significant increase in buying from the market which created a positive trend. The global markets also had a positive turn.

NTPC, Zomato, Larsen & Toubro, Power Grid, Adani Ports, Reliance Industries, Kotak Mahindra Banks, Tech Mahindra and Maruti were among the blue chip pack gainers while Bajaj Finserv, Mahindra & Mahindra, Axis Bank, Bajaj Finance and Tata Motors were among the laggards.

The trading started on a good note with the sensex gaining 401.53 points setting it to 76,901.16. The NSE saw a gain of 97.5 points to close at 23,273.55. With the data provided by the government indicating the decline of retail inflation in December 2024 it was a good sign for the investors.

Inflation in the retail market has gone down, while FIIs continue their selling spree.

The National Statistic Office showed a decline in the retail inflation rate to 5.22% which is considered to be the lowest in the last four months. Price drops on some goods, such as vegetables, were the main contributors to the reduction of the rate. Many believe that this will pave the path for the Reserve Bank of India to cut interest rates in the coming MPAs.

In the THE FX Arena-Asia, Hong Kong saw a favorable margin, while Seoul, Tokyo, and Shanghai declined. The US stock markets also saw promising results on January 14. Brent crude also saw an increase of 0.14%, amounting to USD 80.03 a barrel.

As per the exchange details, Foreign Institutional Investors (FIIs) made a sale of Rs 8,132.26 crore worth of equities on Tuesday. But the BSE benchmark saw a gain of 169.62 points and closed at 76,499.63 on January 14, 2025. The Nifty rose 90.10 points or 0.39% to 23,176.05.