Stock Market Live Updates 16 January 2025: Sensex, Nifty ride up on US inflation data, global cues; NTPC leads gains 

Sensex, Nifty, Share Prices LIVE: Equity markets opened higher on Thursday, buoyed by cooling US inflation data and positive global cues, with power major NTPC leading the gains among blue-chip stocks.

The Sensex opened at 77,319.50, up from its previous close of 76,724.08, and is currently trading at 77,016.42, gaining 292.34 points or 0.38 per cent. Similarly, the Nifty opened higher at 23,377.25 compared to its previous close of 23,213.20, and is now at 23,328.00, up by 114.80 points or 0.49 per cent at 9.45 am.

Adding to market sentiment, founder of short-selling firm Hindenburg Research said the firm was being disbanded on social media platform X. The firm had previously triggered significant market movements in Indian stocks through its investigative reports.