Stock Market Today: Nifty50 and Sensex Open Lower

Market experts expect steady trends as they wait for more clarity on trade talks. (AI image)

Market Overview

The Indian stock market started lower on Monday. This was due to global concerns about US President Donald Trump’s tariff policies. Both the Nifty50 and BSE Sensex opened in the red.

Current Market Status

• Nifty50 was above 25,400.
• BSE Sensex was below 83,400.

At 9:17 AM:

• Nifty50 traded at 25,436.45, down by 25 points or 0.10%.
• BSE Sensex was at 83,348.17, down by 85 points or 0.10%.

Expert Insights

Market experts expect steady trends. They are waiting for more clarity on trade talks. Individual stocks may move based on Q1FY26 business performance updates. The earnings season starts this week.

VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, shared his views:

• Concerns about a US-India trade deal and SEBI’s report on Jane Street will influence market movements.
• There are reports of a possible interim trade deal between the US and India before the July 9th tariff deadline.
• The regulatory action on Jane Street and its implications will be closely watched.
• The volume of derivative trading may decrease. This could impact stock exchanges and some brokerages.

Vijayakumar also noted that short-term issues are unlikely to have a long-term impact on the market. He suggested that long-term investors can use short-term dips to buy high-quality stocks, preferably in fairly valued large caps. Q1 results expectations are modest, so investors should watch out for the outperformers.

Global Market Trends

American equities declined on Friday. This followed President Donald Trump’s tax reduction legislation. Attention is now shifting to the July 9 deadline for international trade agreement completions with the USA.

Asian markets showed limited movement at opening. Investors are focusing on US trade negotiation progress before President Donald Trump’s July 9 deadline.

Commodity Market Updates

Gold prices fell on Monday. This was after Trump indicated progress in various trade deals. He also announced extended tariff relief for multiple nations. This reduced the appeal of the safe-haven asset.

Oil prices declined over 1% on Monday. OPEC+ unexpectedly increased production beyond expectations in August. This triggered worries about excess supply.

Investor Activity

Foreign portfolio investors sold shares worth Rs 760 crore net on Thursday. Domestic institutional investors were net sellers with Rs 1029 crore.

FIIs’ position in the futures market expanded from a net short of Rs 61,807 crore on Thursday to Rs 65,800 crore on Friday.

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.