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Stock Market Live Updates: Nifty Breaks Crucial 25,000 Mark, Sensex Up Over 200 Pts; Infosys Top Gainer
As of 12 noon on Wednesday, benchmarks were trading in the green with support from IT and FMCG stocks. The Sensex was up 169.94 points at 81,814.33, while the Nifty 50 gained 46.95 points to 25,027.60. On the Nifty index, Infosys up 3.14%, TCS up 2.33%, Eternal up 2.30%, HUL up 2.16% and Wipro up 1.90%emerged as the top gainers. Meanwhile, selling pressure was visible in financials and the auto sector, with Shriram Finance down 1.95%, Bharat Electronics down 1.62%, Bajaj Finance down 1.47% Tata Motors down 1.34%and Bajaj Finserv down 1.00% leading the top losers list.
Indian stock markets opened flat on Wednesday, influenced by bearish global cues and widespread weakness in international equity markets. Investors remain cautious as they await more clarity on the ongoing US-India trade negotiations, adding to the uncertainty in the domestic market.
Early indicators point to a muted start, with GIFT Nifty futures trading at 24,966-down 45 points or 0.15%-as of 7:43 AM. This suggests a subdued beginning to the trading session for benchmark indices.
Across Asia, markets have opened in the red, echoing Wall Street's overnight performance. Sentiment in the region took a hit as investors reacted to Japan's latest trade data and looked ahead to China's decision on its loan prime rate. South Korea's Kospi index had slipped 1.87%, while Japan's Nikkei 225 declined by 1.11%.
Meanwhile, US markets closed lower on Tuesday, primarily weighed down by a sharp sell-off in technology stocks. The S&P 500 fell by 0.59%, the Nasdaq Composite dropped 1.46%, and the Dow Jones Industrial Average ended largely unchanged.
Nifty Breaks Crucial 25,000 Resistance, Closes on Positive Note
“Indian markets began on a muted note but gradually gained positive momentum through the day. Sentiment was buoyed after China, India’s largest trading partner, kept its key interest rate unchanged—a move that signals policy stability and carries potential implications for India’s trade outlook. On the technical front, Nifty decisively broke past its crucial resistance at 25,000 and continued to hold firm above this mark, further boosting investor confidence. Derivatives data also reflected strength, with aggressive put build-up seen at the 25,000-strike price, underscoring strong support at these levels,” said Ashika Institutional Equities – Ashika Stock Broking part of Ashika Group.
Vikram Solar IPO GMP Slips on Day 2, Subscription Crosses 1.6x
The solar photovoltaic module makers, Vikram Solar Limited's initial public offering (IPO), has been subscribed by 1.62 times on Wednesday so far. Despite seeing investors' interest, Vikram Solar IPO GMP (Grey Market Premium) today fell below Rs 50, indicating a weaker-than-expected listing of the IPO.
HGM Limited Announces Acquisition of Aideo Technologies LLC
HGM Limited today announced its wholly owned US subsidiary Healthcare Capital Holdings LLC (HCH) has entered into a definitive agreement to acquire Aidéo Technologies LLC, a U.S.-based leader in AI-powered Autonomous coding solutions. This acquisition expands HGM’s healthcare platform capabilities in revenue cycle management (RCM), medical coding and healthcare analytics, furthering its mission to deliver scalable, AI-led automation for measurable efficiencies and outcomes.
PG Electroplast and PAX India Announce Strategic Manufacturing Partnership
PG Electroplast Limited today announced that it has signed a definitive agreement with PAX India, a subsidiary of PAX Global Technology Limited, to manufacture Point-of-Sale (POS) devices in India. Under the arrangement, PGEL will manufacture PAX-branded POS devices at its existing facilities, with production slated to begin by the end of this year. This agreement marks PGEL’s entry into the payments and financial technology hardware segment, expanding its presence beyond consumer electronics into high-growth digital infrastructure solutions.
Stock Market Live Updates: Bharti Airtel Shares Rise 2% as Company Withdraws Entry-Level 1GB/Day Plan
Bharti Airtel shares rose by 2% after the company revised its tariffs and withdrew its entry-level 1GB/day prepaid plan, a move aimed at enhancing revenue and profitability. Following this development, the stock price increased to Rs 1,938.60, up Rs 28.90 or 1.52% in today’s trading session.
Stock Market Live Updates: Tejas Jet Boost: HAL, BEL, BDL Stocks to Watch After Massive Defence Deal
Defence stocks like Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics Limited (BDL) are likely to be in focus on Wednesday after the Indian government approved a major Rs 62,000 crore deal for the Indian Air Force (IAF) to procure 97 LCA Tejas Mark 1A fighter jets.
Stock Market Live Updates: Top Stocks to Watch Today
Stocks in Focus Today: Bajaj Auto, UltraTech Cement, and Indian Oil are likely to be in focus in today's trade.
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