Stock Market Today: Nifty50 and Sensex Start Strong

Market Overview

Market analysts expect steady trends, with investors likely to stay careful. (AI image)

The Indian stock market began positively today. Both the Nifty50 and BSE Sensex opened in the green.

Current Market Status

• Nifty50 opened above 25,400.
• BSE Sensex was up over 50 points.

At 9:19 AM, the Nifty50 traded at 25,413.90, up by 9 points or 0.034%. The BSE Sensex was at 83,302.76, up by 63 points or 0.076%.

Market Experts’ Insights

Market experts predict continued consolidation. Investors are likely to remain cautious. They are closely monitoring trade talks and upcoming US economic indicators.

Expert Opinion

VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, shared his thoughts. He said, “There are no immediate triggers to break the 25200-25800 Nifty range. The market remains strong within this range.”

He added, “This strength is backed by the robust US market. The S&P 500 and Nasdaq are at record highs. In India, strong and steady market flows have made domestic investors consistent buyers.”

Factors Affecting the Market

The upper limit of this range is due to modest earnings growth. Expectations for FY26 earnings growth are moderate. Investors should look for changes in the earnings growth path.

Key Points to Watch

• Signs will be visible in the Q1 results.
• Outperformances in results will likely be company-specific.
• For instance, the auto sector may report modest numbers. However, TVS, Eicher, and M&M could perform better than industry averages.
• In financials, Bajaj Finance and Sriram Finance may stand out.

Thus, market movements are likely to be stock-specific.

Global Market Trends

US stock indices hit new highs on Thursday. This rise was driven by Nvidia’s approach to a $4 trillion valuation and strong US employment data.

Investors stayed optimistic despite the reduced chance of a US interest rate cut next month.

Asian Equities

Asian equities traded within narrow ranges on Friday. Increased trade concerns before the upcoming tariff deadline overshadowed the record gains in US markets.

Commodities Update

Gold remained stable on Friday. It is set for weekly gains after the US Congress approved President Donald Trump’s tax reduction and spending legislation. Strong US employment data limited price increases.

Oil prices stayed steady on Friday. Good employment figures strengthened the case for the US Federal Reserve’s interest rate pause. Markets await clarity on President Donald Trump’s tariff policies.

Market Data

FII net short positions in the futures market increased. It went from Rs 49,221 crore on Wednesday to Rs 61,807 crore on Thursday.

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.