Stock Market Closing: The domestic stock market returned to a boom on the first day of the new year and the BSE Sensex closed with a gain of more than 368 points. The NSE Nifty also crossed 23,700 points. In the volatile trading, the market remained bullish due to buying in the shares of major companies. 

Current Status of Sensex and Nifty

The two-day decline in the BSE Sensex, which comprises of 30 stocks, came to an end and on the first day of the year 2025, it closed at 78,507.41 points, up 368.40 points or 0.47 percent. During trading, it had jumped up to 617.48 points at one time. The National Stock Exchange (NSE) index Nifty also closed at 23,742.90 points with a gain of 98.10 points or 0.41 percent.

Condition of Sensex shares

Among the Sensex stocks, Maruti gained the most by 3.26 percent. The reason for this is the increase in the company's wholesale sales which increased by 30 percent to 1,78,248 units in December. Apart from this, shares of Mahindra & Mahindra, Larsen & Toubro, Bajaj Finance, Tata Motors, IndusInd Bank, Asian Paints, Power Grid, HDFC Bank and Axis Bank also remained in profit. 

These shares incurred losses

On the other hand, stocks that remained in loss include Tata Steel, Adani Ports, HCL Tech, State Bank of India, Hindustan Unilever and Tech Mahindra.

How was the condition of smallcap-midcap

The BSE Smallcap index linked to the shares of small companies jumped 1.03 percent, while the Midcap index linked to the shares of medium companies strengthened by 0.50 percent. According to stock market data, foreign institutional investors sold shares worth Rs 4645.22 crore on Tuesday.

Most markets are closed due to New Year holiday

Most of the markets in Asia and Europe were closed due to New Year's holiday. US markets were in losses on Tuesday. The BSE Sensex fell 109.12 points on Tuesday while the NSE Nifty fell marginally by 0.10 points. 

Sensex-Nifty account of last year

Last year in 2024, the Sensex rose by 5898.75 points or 8.16 percent while the Nifty rose by 1913.4 points or 8.80 percent.