Market Opens on a Positive Note

Today, the Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green, signaling a positive start to the trading day. Nifty50 was observed above 24,550, while BSE Sensex surged over 250 points. By 9:16 AM, Nifty50 was trading at 24,587.55, marking an increase of 100 points or 0.41%. Similarly, BSE Sensex stood at 80,512.92, up by 277 points or 0.35%.

Expert Insights and Market Trends

VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, highlighted the recent underperformance of the Indian market despite robust domestic investment flows. He pointed out the impact of international developments, including US tariffs and diplomatic discussions, on market sentiments.

US markets showed significant improvement, with indices reaching new peaks following inflation data that suggested minimal effects from recent tariffs. Asian equities also advanced, supported by Japan's Nikkei-225 hitting a new record.

Investment Strategies and Future Outlook

Vijayakumar advised long-term investors to consider accumulating fairly valued largecaps in sectors like banking, telecom, and capital goods, citing favorable risk-reward ratios. Meanwhile, oil prices stabilized after a decline, and foreign portfolio investors were net sellers, contrasting with domestic institutional investors who were net purchasers.