Business

Indian Stock Market Holds Steady: Nifty50 and BSE Sensex Show Resilience Amid Global Uncertainties

Market Opens Flat Amid Global Watch

Today, the Indian equity benchmark indices, Nifty50 and BSE Sensex, opened flat, with Nifty50 near 24,450 and BSE Sensex above 80,700. By 9:18 AM, Nifty50 was trading at 24,455.90, down 5 points or 0.021%, while BSE Sensex was at 80,788.22, down 9 points or 0.011%.

Stock market today: Nifty50 opens flat; BSE Sensex above 80,700

Positive Momentum from Previous Session

Markets ended positively on Monday, buoyed by favorable international indicators such as progress in US-China trade negotiations and robust US employment statistics. Experts anticipate continued growth, albeit with a watchful eye on international developments and geopolitical tensions.

Expert Insights on Market Resilience

VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, highlights sustained FII buying and supportive economic policies as key factors behind the market's resilience. Despite geopolitical tensions, factors like soft crude prices and declining inflation are expected to foster high GDP growth and improved corporate earnings in FY26.

Global Market Influences

The S&P 500's streak ended as investors reacted to tariff announcements, while the US dollar saw strength in Asian trading. Gold prices rose due to safe-haven demand, reflecting concerns over US tariff policies. Investors remain focused on the upcoming Federal Reserve policy meeting.

Investment Trends

Foreign portfolio investors were net buyers, purchasing shares worth Rs 498 crore, with domestic institutional investors also showing strong buying interest at Rs 2,789 crore net.