Indian blue-chip equity indices, Sensex and Nifty50, traded slightly lower on Wednesday, the first session of 2025, dragged down by losses in banking stocks. Analysts anticipate that the markets will likely remain near current levels as they await the start of the quarterly earnings season next week.

The stock market kicked off the new year on a positive note, with both the BSE Sensex and NSE Nifty starting the first trading day of 2025 in the green.

Highlights: On the last trading day of the year, Sensex ended 109 points lower amid weakness in IT and select banks. IT index slipped 1.5%, while India VIX rose over 3% on Tuesday.