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Stock market today: Nifty50 opens in green; BSE Sensex above 79,900

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Stock market today: Nifty50 opens in green; BSE Sensex above 79,900
This week will focus on domestic CPI and WPI inflation figures, whilst India-US trade negotiations remain crucial amidst ongoing dialogue for a trade agreement. (AI image)

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was near 24,400, BSE Sensex was above 79,900. At 9:19 AM, Nifty50 was trading at 24,398.65, up 35 points or 0.15%. BSE Sensex was at 79,929.78, up 72 points or 0.090%.This week will focus on domestic CPI and WPI inflation figures, whilst India-US trade negotiations remain crucial amidst ongoing dialogue for a trade agreement.US equities finished higher on Friday, with the Nasdaq achieving another record close, supported by technology sector gains, particularly Apple, and positive sentiment regarding potential rate reductions.Asian equities showed slight gains at opening, with investors remaining prudent ahead of crucial economic releases this week and pending decisions on US tariffs for Chinese exports.Oil prices declined during early Asian trading Monday, following last week’s 4% drop, influenced by increased US tariffs on trading partners, OPEC production increases, and anticipated progress in US-Russia negotiations regarding Ukraine.Foreign institutional investors increased their net short positions in the futures market from Rs 1.73 lakh crore on Thursday to Rs 1.82 lakh crore on Friday.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)





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