The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,438 level, a premium of nearly 20 points from the Nifty futures’ previous close.

Indian stock markets moved higher during the trading session on Friday, ahead of the Economic Survey, which shall be presented in the parliament later today.

Indian equity benchmarks, the Sensex and Nifty, opened slightly higher ahead of the Economic Survey 2025 and in line with gains in global markets on Friday. Investor optimism is building as attention shifts to potential catalysts in the upcoming Union Budget.

Sensex and Nifty50 extended gains for the fourth session, driven by pre-Budget optimism, GDP growth projections, a tech stock rebound, and RBI rate cut expectations. The BSE market cap surged by ₹5.47 lakh crore to ₹423.

The stock market opened in the red as trading began on Thursday, January 30, 2025, with consumer durables, auto, and IT stocks falling the most. At 9:20 am IST, the benchmark BSE Sensex was down by 75.

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,150 level, a premium of nearly 2 points from the Nifty futures’ previous close.