Gift Nifty was trading around 23,807 level, a premium of nearly 35 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.

Indian stock market opens with gains as Nifty 50 holds above 23,700 and Sensex rises 190 points. IT stocks see a positive trend, while Swiggy shares drop 8 per cent.

In early trade on Monday, February 3, 2025, the Indian stock market experienced significant losses with the Sensex plummeting over 700 points and the Nifty 50 dipping below 23,250. This drastic decline was attributed to weakening global cues,

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,810 level, a premium of nearly 35 points from the Nifty futures’ previous close.

The 30-share BSE benchmark Sensex closed 319.22 points or 0.41 per cent lower at Rs 77,186.74. The NSE Nifty slumped 121.10 points 0r 0.52 per cent to settle at 23,361.05.