Stock market today: Nifty50 opens above 25,700; BSE Sensex up over 200 points – The Times of India
Stock market today: Indian stock market benchmark indices, Nifty50 and BSE Sensex, opened in green on Friday. While Nifty50 was above 25,700, BSE Sensex was up over 200 points. At 9:16 AM, Nifty50 was trading at 25,712.30, up 47 points or 0.18%. BSE Sensex was at 83,611.83, up 229 points or 0.27%.Analysts are of the view that stock markets are expected to remain range-bound as investors track corporate earnings, watch developments related to the India-US trade deal, and position themselves ahead of Budget 2026.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “There are no triggers to take the market significantly up or down. A directionless drift is the likely trend. A US Supreme Court ruling, which could have led to sharp volatility in global markets, didn’t materialise and since there is no timeline for a ruling such an event is unlikely to influence the market in the near-term. The market is likely to respond to the major Q3 results that will continue to flow in. Better-than-expected results will trigger stock-specific action but these are unlikely to take the market as a whole to significantly higher levels.” “Even minor rallies are likely to be neutralised by FII selling. The increasing short positions being built by FIIs indicate that sustained FII selling is likely to be the near-term trend, till such time we have a trend reversal triggered by positive news or events. For long-term investors, the directionless weak drift in the market provides opportunities to slowly accumulate high quality growth stocks available at fair valuations.“Wall Street stocks ended higher on Thursday after two consecutive sessions of losses, led by sharp gains in Morgan Stanley and Goldman Sachs following strong quarterly earnings. Shares of US chipmakers also advanced after Taiwan Semiconductor Manufacturing Company reported robust results that exceeded market expectations.Asian equities are on course for their longest weekly rally since May, supported by sustained optimism around artificial intelligence. In Indian stock markets, foreign portfolio investors were net sellers of equities worth Rs 4,781 crore on Wednesday, according to provisional data. In contrast, domestic institutional investors provided support to the market, buying shares worth Rs 5,281 crore during the session.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
