AIRLINK 168.96 Decreased By ▼ -1.61 (-0.94%)
BOP 11.25 Increased By ▲ 0.07 (0.63%)
CNERGY 8.49 Increased By ▲ 0.08 (0.95%)
CPHL 99.35 Decreased By ▼ -0.38 (-0.38%)
FCCL 46.50 Decreased By ▼ -0.10 (-0.21%)
FFL 15.44 Increased By ▲ 0.29 (1.91%)
FLYNG 27.60 Increased By ▲ 0.05 (0.18%)
HUBC 143.49 Increased By ▲ 5.71 (4.14%)
HUMNL 12.81 Decreased By ▼ -0.11 (-0.85%)
KEL 4.62 Increased By ▲ 0.08 (1.76%)
KOSM 5.41 Increased By ▲ 0.05 (0.93%)
MLCF 62.76 Increased By ▲ 0.36 (0.58%)
OGDC 211.35 Decreased By ▼ -0.81 (-0.38%)
PACE 5.42 No Change ▼ 0.00 (0%)
PAEL 46.50 Decreased By ▼ -0.68 (-1.44%)
PIAHCLA 18.10 Decreased By ▼ -0.38 (-2.06%)
PIBTL 10.96 Increased By ▲ 0.60 (5.79%)
POWER 12.18 Decreased By ▼ -0.15 (-1.22%)
PPL 171.30 Increased By ▲ 1.70 (1%)
PRL 35.98 Increased By ▲ 0.13 (0.36%)
PTC 23.15 Increased By ▲ 0.06 (0.26%)
SEARL 96.60 Increased By ▲ 0.34 (0.35%)
SSGC 41.31 Increased By ▲ 1.79 (4.53%)
SYM 13.86 Increased By ▲ 0.02 (0.14%)
TELE 7.16 Increased By ▲ 0.01 (0.14%)
TPLP 10.00 Decreased By ▼ -0.03 (-0.3%)
TRG 63.70 Increased By ▲ 0.22 (0.35%)
WAVESAPP 10.05 Increased By ▲ 0.06 (0.6%)
WTL 1.31 No Change ▼ 0.00 (0%)
YOUW 3.61 Decreased By ▼ -0.05 (-1.37%)
BR100 12,386 Increased By 80.8 (0.66%)
BR30 37,778 Increased By 362.7 (0.97%)
KSE100 115,683 Increased By 829.4 (0.72%)
KSE30 35,468 Increased By 251.2 (0.71%)

India’s benchmark indexes are likely to open marginally higher on Monday, with analysts anticipating incremental moves on the blue-chips ahead of the quarterly results season starting later this week.

The GIFT Nifty futures were trading at 24,135 as of 7:44 a.m. IST, indicating that the benchmark Nifty 50 would open slightly above Friday’s close of 24,004.75.

Both the Nifty and BSE Sensex declined on Friday, dragged by financials and IT stocks, but logged weekly gains as auto stocks shined on upbeat monthly sales data.

Auto leads Indian shares to 2nd consecutive weekly rise

The December-quarter results season, starting with the country’s top IT services company Tata Consultancy Services on Jan. 9 will provide a clear directionality to the benchmark indexes in the near term, analysts said.

The benchmarks rose about 8.5% in 2024, the least among major global peers, weighed by a slowdown in corporate earnings in the September quarter and an exodus of foreign funds.

Foreign portfolio investors net sold Indian shares worth 42.27 billion rupees ($493 million) on Friday, while domestic institutional investors net bought shares worth 8.21 billion rupees.

Comments

200 characters