Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was near 24,450, BSE Sensex was above 80,700. At 9:18 AM, Nifty50 was trading at 24,455.90, down 5 points or 0.021%.BSE Sensex was at 80,788.22, down 9 points or 0.011%.
Markets ended positively on Monday influenced by favourable international indicators, including progress in US-China trade negotiations and robust US employment statistics. Market experts anticipate continued steady growth with an upward tendency, whilst monitoring international developments and geopolitical situations.
VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Sustained FII buying for the 13th day in a row, supported by weak dollar, has imparted resilience and support to the market despite the India-Pak tensions. This resilience is further reinforced by tailwinds in the form of soft crude, declining inflation and the RBI’s cheap money policy of rate cuts and abundant liquidity injection.These tailwinds have the potential to facilitate high GDP growth and improving corporate earnings in FY26. And the market is likely to discount this by moving to new highs. But the uncertainty regarding the India-Pak tensions will keep the market range bound in the near-term. Large cap IT has bottomed out. Large cap private sector banking stocks will remain resilient despite the recent run up.”
The S&P 500 ended its longest positive streak in two decades on Monday as investors evaluated President Trump’s recent tariff announcement before the Federal Reserve’s upcoming monetary policy announcement this week.
The US dollar strengthened in early Asian trading following a two-day decline, with investors across Asia monitoring intensified currency appreciations from Taiwan to Malaysia.
Gold reached a one-week peak on Tuesday, driven by increased safe-haven demand amid growing concerns over US President Donald Trump’s tariff policies. Investors remained attentive to the upcoming Federal Reserve policy meeting.
Foreign portfolio investors purchased shares worth Rs 498 crore net on Monday. Domestic institutional investors were net buyers at Rs 2,789 crore.
