First Trade: Markets open lower; IEX jumps over 8%

22 hours ago 1

Equity benchmarks opened in the red on Friday amid weak market sentiment. The BSE Sensex declined 118.46 points, or 0.14 per cent, to start at 82,065, while the NSE Nifty50 slipped 51.75 points, or 0.21 per cent, to 25,010.35.

Market breadth was negative, with 807 stocks advancing, 1,344 declining, and 140 remaining unchanged.

SBI Life Insurance, ICICI Bank, Hindalco, NTPC, and SBI were among the top gainers on the Nifty. On the flip side, Bajaj Finance, Shriram Finance, Bajaj Finserv, Jio Financial, and Hero MotoCorp led the losses.

Indian Energy Exchange (IEX) shares jumped more than 8 per cent in early trade. The stock touched an intraday high of Rs 143.55 and a low of Rs 136.55. Trading volumes surged to 21.8 lakh shares, up 44.28 per cent from its five-day average of 15.1 lakh shares.

In the previous session, IEX shares had plunged 29.49 per cent or Rs 55.40 to close at Rs 132.45. The stock is currently 41.95 per cent below its 52-week high of Rs 244.35 (touched on 24 September 2024), but 7.87 per cent above its 52-week low of Rs 131.50 (hit on 24 July 2025). Its current market capitalisation stands at Rs 12,648.66 crore.

Meanwhile, the rupee opened 16 paise lower at Rs 86.57 against the US dollar, tracking global cues and early equity weakness.

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