dia’s benchmark indices opened marginally higher on Thursday, supported by optimism around a stabilising earnings outlook.
The Nifty 50 rose 0.21% to 25,873.35, while the BSE Sensex gained 0.28% to 83,969.82 as of 9:15 a.m. IST.
Market breadth was positive, with 15 of the 16 major sectors trading in the green. Broader indices also advanced, as the Nifty Smallcap 100 climbed 0.3% and the Nifty Midcap 100 added 0.2%.
Both the Nifty and Sensex have risen about 1.4% over the past three sessions, buoyed by largely in-line December-quarter earnings despite one-off labour code-related expenses.
The Nifty IT index rebounded 1% at the open after a recent sharp correction driven by AI disruption concerns. Analysts described the move as a tactical bounce following heavy selling pressure.
Frequently Asked Questions
Why did Indian markets open higher today?
The Nifty 50 and BSE Sensex edged higher on optimism that corporate earnings are stabilising. December-quarter results were largely in line with expectations, boosting investor confidence.
How are broader markets performing?
Broader indices are also positive. The Nifty Smallcap 100 and Nifty Midcap 100 posted modest gains, indicating healthy market breadth and improving risk appetite beyond large caps.
What is driving the rebound in IT stocks?
The Nifty IT rose after a recent selloff triggered by fears of AI-led disruption. Analysts view the latest move as a tactical bounce rather than a full trend reversal.
How significant were the December-quarter earnings?
While some companies faced one-time labour code-related expenses, overall earnings were broadly in line with expectations, helping stabilise sentiment after recent volatility.
What should investors watch next?
Investors will monitor:
Forward earnings guidance
Global market cues
FII flows
Sectoral leadership trends
These factors will determine whether the current rebound gains further momentum.
