The Indian stock market started the session on a cautious yet positive note, with benchmark indices trading in the green despite pressure from global cues and consistent foreign investor selling.
The Nifty 50 opened at 24,691.95, up 57.05 points or 0.23%, while the Sensex began at 80,510.39, rising 145.45 points or 0.18% in stock market today.
Market Performance — Positive Start but Cautious Undertone
The opening gains came after a volatile previous session where both indices struggled for clear direction. Persistent selling from foreign portfolio investors and uncertainty around global developments kept overall sentiment restrained.
Broader market indices mirrored this mixed tone:
Nifty 100: +0.26%
Nifty Smallcap 100: +0.20%
Nifty Midcap 100: +0.31%
Among sectoral indices:
Nifty Auto: +0.21%
Nifty IT: +0.33%
Nifty Media: -0.60%
Stock-wise Action — Select Buying, Select Selling
Early trade saw Titan, Asian Paint, Power Grid, Hindalco, and Cipla among the notable gainers on the Nifty 50.
On the flip side, Undigo, HDFC Life, ITC, Eternal (Zomato), Tata Motors, and Bharti Airtel slipped into negative territory.
Global Influence Still in Play
Overseas, markets showed signs of stability after concerns over a major U.S. federal funding deadline eased. However, attention remained on economic data from global markets, especially job-related indicators that often dictate central bank policy expectations.
Overall Sentiment
Despite a green start for Nifty and Sensex today, traders appeared selective, preferring a measured approach over aggressive participation. Global developments, sector rotation, and the upcoming central bank policy decision are likely to dictate near-term momentum.
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