Stock Market Today, January 31: Indian stock market move today i.e. 2025 on Friday US Q4 GDP data, including the budget, will depend on the positivity in global equity markets and the result of Q3.
Apart from this, Finance Minister Nirmala Sitharaman will release the Economic Survey in Parliament today, in which a detailed review of India’s economic status will be done during the last financial year. This report comes just one day before the Union Budget and will be given policy suggestions to speed up development as well as prominent trends in agriculture, industry and service sectors and to resolve economic challenges.
At 6:40 am today, GIFT Nifty Futures saw a 71 -point lead and showed it trading at 23,489, leading to a strong start in Indian markets.
Closed in green mark on Thursday. The BSE Sensex rose 0.30% to close at 76,759.81, while the NSE Nifty gained 0.37% and closed at 23,249.50.
Global signal
There was a positive trend in the global markets on Friday. The US economy recorded a growth of 2.3% in Q4 2024, the slowest of the last three quarters. The figure in Q3 was 3.1%, while estimates were 2.6%.
There are positive signs in Asian markets. Japan’s Nikkei rose 0.13% and the topics index rose by 0.1%. In Japan, the inflation rate except for fresh foods in January was 2.5%, which was in accordance with estimates. In December, the unemployment rate decreased to 2.4%, which was better than the estimated 2.5%.
South Korea’s Kospi opened with a decline of 0.8% after a four -day holiday. At the same time, Australia’s ASX 200 index rose 0.4%, as there was a 3.7% increase in the Producer Price Index in a year by December. Hong Kong and China market Lunar remained closed due to New Year.
American markets also saw a boom. Dow Jones rose 0.38%, S&P 500 0.53% and Nasdaq was 0.25%. However, after the announcement of 25% tariffs on imports from Canada and Mexico by US President Donald Trump, these markets saw some profits.
The early unemployment claims in the US declined by 16,000 to 207,000, which was better than the estimated 220,000. This figure remained significantly below the two months high of the previous week.
What is special in the domestic market today
Investors in the domestic stock market will look at the quarterly results and indications related to the upcoming budget this week. The quarterly results of major companies like IndusInd Bank, Sun Pharma, Nestle, ONGC, UPL, PNB and Vedanta are going to be released, which can decide the market direction. Apart from this, the results of Larsen & Toubro (L&T), Kalyan Jewelers and Biocon will also be special for investors.