On January 8, strong backing from Reliance Industries prevented major indices from significant declines. Oil and gas stocks surged due to rising crude prices, while support from the IT sector and ITC share rebounds helped the indices recover to end the session flat.

The Nifty 50 opened 38.75 points or 0.16% higher and the BSE Sensex began trading at 120.34 points higher or 0.15%.

The Sensex and Nifty ended nearly flat on Tuesday, recovering in the last hour of trade after a volatile session. While heavyweights like Reliance and IT stocks lent support, the broader market underperformed,

Zomato Ltd led the Sensex fall, declining 2.42 per cent to Rs 246.40. The BSE m-cap declined3.33 lakh crore to Rs 4,38,41,831 crore against Rs 4,41,75,150 crore on Tuesday.

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,770 level, a discount of nearly 25 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty and Sensex started the trading session on a weak note on Wednesday, impacted by a sharp decline in IT and metal stocks. However, gains in pharma and energy stocks helped offset the losses to some extent.

The Indian stock market began 2025 on a mixed note, with the benchmark indices Sensex and Nifty oscillating between gains and sharp losses during the first week. From a promising rally on January 2 to a dramatic plunge on January 6,