Sensex, Nifty Today: Indian equity benchmark indices, the Sensex and Nifty, opened flat with a cautious undertone, as persistent uncertainty surrounding the US-Iran negotiations continues to weigh on investor sentiment. While the 30-share BSE Sensex added 109.08 points or 0.13 per cent to start the session at 78,263.33, the Nifty opened flat with a gain of only 0.75 points to open at 24,472.45. In the last trading session, the Sensex closed at 78,154.25 and the Nifty 50 at 24,471.70. However, the broader indices traded in the green in the early trading session. While the BSE Midcap Select Index was flat with a drop of only 0.36 points, the BSE Smallcap Select Index added 52.74 points or 0.58 per cent, to trade in the green at 9,167.53.
In early trade, market breadth was negative, with 1,312 stocks declining against 1,557 stocks advancing on the NSE. 110 stocks remained unchanged.ย
“The near-term market setup appears range-bound with a mildly positive undertone, supported by positive Gift Nifty cues and continued institutional buying. However, elevated crude prices and geopolitical uncertainty may restrict aggressive upside, while upcoming inflation data could influence global risk sentiment. With volatility still relatively contained, stock-specific opportunities may remain in focus, particularly in sectors showing relative strength, while traders may prefer a selective approach,” said Hitesh Tailor, Technical Research Analyst at Choice Broking Private Limited.
Asian Markets Todayย ย
Asian markets traded mixed on Wednesday, even as the US stock market slipped further from its records, while oil prices kept swinging amid uncertainty.ย