Indian equity indices opened Thursday’s trading session on a lower note. The Nifty 50 opened 31 points or 0.12% lower at 25,788. The BSE Sensex opened 100 points or 0.12% lower at 84,459.
The Bank Nifty opened 106 points or 0.18% lower at 58,820. However, the small and mid-cap stocks opened in the red. The Nifty Midcap opened 77 points or 0.13% lower at 59,312.
“The trend of weakening AI trade is gathering pace in the U.S. market. This trend is likely to continue in early 2026, and this will favour non-AI markets like India,” said VK Vijayakumar, Chief Investment Strategist at Geojit Investments.
“A concern in the market now is whether the Japanese central bank will raise the rates today with a hawkish message. If that happens, that might trigger a reversal of the ‘yen carry trade’ leading to further selling by FIIs,” Vijayakumar said.
Let’s take a look at the key factors to watch out for today’s trading session
Early gainers and laggards
In early trade, among the Nifty 50, top gainers at this hour were Infosys, Wipro, HCL Technologies, Tata Consultancy Services, and Shriram Finance. On the flip side, the key laggards in the Nifty 50 pack included Sun Pharmaceutical Industries, Tata Motors Passenger Vehicle, Bajaj Auto, M&M, and Eicher Motors.
Major movers on Thursday
The stocks that were the major movers in the opening trade included Bharti Airtel, Axis Bank, State Bank of India, Shriram Finance, and Reliance Industries, which were the major movers in the morning trade.
