Bharat Express DD Free Dish

PSU

Sensex rises over 500 points as Nifty crosses 25,350, boosted by the India-EU trade deal; market eyes earnings and upcoming Union Budget.

The Indian stock market opened lower on Thursday owing to selling in the auto, IT, PSU, and financial services sectors. Experts speculate that quarter 3 results were the driving force behind this. 

At around 9.27 am, Sensex was trading at 77,879.72 after dropping 268.77 points or 0.34 per cent, while Nifty was trading at 23,610.55 after declining 78.40 points or 0.33 per cent.

The Indian government is set to receive a significant dividend from listed PSUs in FY23