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Stock Market Today: GIFT Nifty holds above 26,000 ahead of Friday’s trade—Check out cues from global markets

Published on 24/10/2025 07:38 AM

Stock Market Today: Indian stock indices (Sensex, Nifty50) trimmed most of their early gains on Thursday as markets turned cautious toward the end of the session. The weakness came after news of fresh US sanctions on major Russian crude companies, which raised concerns over global oil supply and energy costs. Additionally, signals that the proposed US agreement may not be completed soon dampened risk appetite among investors.

Market sentiment was further impacted by profit booking at higher levels, with traders choosing to lock in gains after the recent rally.

The BSE Sensex ended the session at 84,556.40, up 130.05 points or 0.15 per cent, after touching an intra-day high of 85,290. Similarly, the Nifty 50 managed to close with mild gains at 25,888.90, up 20.30 points or 0.078 per cent, down from the day’s peak of 26,104.

At 6:53 AM on Friday, GIFT Nifty futures were trading at 26,036.00, up 24.00 points or 0.09 per cent, holding comfortably above the 26,000 mark. The early indication suggests a steady to positive opening for Indian equities.

Global markets maintained a positive tone overnight. Dow Futures were up 23.40 points (0.05 per cent) at 46,758.00, while the Dow Jones Industrial Average gained 144.20 points (0.31 per cent) to close at 46,755.61. The S&P 500 also advanced 9.00 points (0.13 per cent) to 6,796.00, reflecting resilience in US equities despite macroeconomic concerns.

In Asian trade, sentiment improved with key indices trading in the green. Japan’s Nikkei 225 jumped 578.23 points (1.19 per cent) to 49,219.84, supported by strong technology and auto shares. Hong Kong’s Hang Seng rose 209.12 points (0.81 per cent) to 26,177.11, tracking strength in Chinese internet and property counters. South Korea’s Kospi climbed 47.47 points (1.23 per cent) to 3,893.03 on buying across large-cap exporters.

European markets also finished higher in the previous session. Germany’s DAX gained 56.66 points (0.23 per cent) to 24,207.79, France’s CAC 40 added 18.91 points (0.23 per cent) to 8,225.78, and the UK’s FTSE 100 advanced 63.57 points (0.67 per cent) to 9,578.57.

Abhay Shukla is a Senior Sub-Editor at Zee Business, where he covers the stock markets, corporate news, personal finance, technology, and auto sectors.

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