Market Opens in Red
Today, the Indian equity benchmark indices, Nifty50 and BSE Sensex, opened lower. Nifty50 was below 25,100, while BSE Sensex was down over 100 points. By 9:21 AM, Nifty50 was trading at 25,087.40, down 24 points or 0.10%. BSE Sensex was at 82,121.63, down 138 points or 0.17%.

Consolidation Phase Ahead
The outlook suggests a consolidation phase, as investors focus on current earnings reports and US-India trade talks. Notable companies reporting results today include Reliance Industries, JSW Steel, and L&T Finance.
Expert Insight
VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, highlights a pattern in FII activity this year, indicating a bearish outlook due to elevated valuations in India and cheaper alternatives abroad.
Global Markets and Gold
Asian equities showed modest gains, supported by robust economic data. Meanwhile, the S&P 500 and Nasdaq Composite reached new highs, and gold prices held steady, tracking towards a weekly decline.
(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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