First Trade: Nifty opens at 25,500; pharma top gainer
Published on 09/07/2025 09:50 AM
Indian equities ahead of major events, kicked off Wednesday's session on a muted note. At the open, after opening at Nifty50, the index traded lower by nearly 25 points, while the Sensex was down 102 points at 83,610.99 points.
Broader markets, meanwhile, after a weak trade in the previous session, outperformed the headline indices.
The high beta Bank Nifty index also traded in the red with minor weakness in early trade.
From the Nifty50 pack, top gainers in early trade were HUL, Asian Paints, Shriram Finance, Cipla and Adani Enterprises, while laggards were Wipro, Larsen and Toubro, Tata Steel, HDFC Life and Tata Steel.
On expected lines, pharma pack traded in the green, with other sectors in the green being media, FMCG and auto packs. However, sectoral gauges that traded in the red are metal, IT, banks, financial services, realty and oil & gas. Realty came out as the top laggard -down over 1 per cent.
Crizac: Crizac shares will list on the bourses today. The issue received 62.8 times oversubscription.
Titagarh Rail: The company's board is scheduled to meet today for discussing fundraising through preferential issues, QIPs and rights issues.
Mphasis: Shares of the IT major will trade ex-date today in respect of its dividend amounting to Rs 57 per share.
Pfizer: MNC pharma share will also trade ex-dividend for its total dividend of Rs 165 per share i,e, inclusive of Rs 130 per share special dividend.
Most Asian stocks moved in a flat-to-low range in today's trade as investors preferred to remain on the edge amid uncertainty around the scope of US President Donald Trump's tariffs. The markets took a weak lead-in from the overnight session on the Wall Street after Trump warned of additional tariffs.
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