Market Opens on a Flat Note

Today, the Indian equity benchmark indices, Nifty50 and BSE Sensex, started the trading session on a flat note. Nifty50 was near 25,200, while BSE Sensex hovered around 82,600.

At 9:21 AM, Nifty50 was trading at 25,205.55, down 7 points, and BSE Sensex was at 82,601.58, down 33 points.

Expert Insights on Market Trends

Market experts are anticipating a phase of consolidation with an upward trend, supported by stronger performances in the rural and healthcare sectors. Potential developments in India-US trade talks are also under close watch.

VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, shared his perspective: "There are no immediate triggers for the market to break out of its current consolidation range." He highlighted the importance of monitoring trade and tariff developments for any surprises that could influence market dynamics.

Global Market Influences

US indices closed slightly higher, with Nasdaq reaching a new peak, despite brief turbulence. Asian markets showed mixed responses in early trading, reflecting the ongoing uncertainty.

Crude oil prices saw an uptick in early trading, recovering from previous declines, buoyed by positive economic indicators and improving trade relations among major oil-consuming nations.

Disclaimer: The views and recommendations provided by experts are their own and do not reflect the opinions of The Times of India.