India's benchmark indices Sensex and Nifty traded on muted a note on Thursday, as losses in Tata Motors and IT stocks counterbalanced gains in other sectors. The auto index fell 1.2%, with Tata Motors down nearly 8.

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.