Stock market today: BSE Sensex opens flat; Nifty50 below 23,500 – The Times of India

“We anticipate the market to stay vary-sure with inventory/sector particular motion,” mentioned Siddhartha Khemka of Motilal Oswal. (AI picture)

Stock market right this moment: BSE Sensex and Nifty50, the Indian fairness benchmark indices, opened flat in commerce on Thursday. Whereas BSE Sensex was close to 77,300, Nifty50 was below 23,500. At 9:19 AM, BSE Sensex was buying and selling at 77,321.64, up 33 factors or 0.043%. Nifty50 was at 23,488.90, up 2 factors or 0.0087%.
Indian fairness markets turned detrimental on Wednesday as traders took earnings whereas awaiting particulars on upcoming US reciprocal tariffs scheduled for April 2.
“We anticipate the market to stay vary-sure with inventory/sector particular motion on the again of developments across the US India commerce meet in the course of the week,” mentioned Siddhartha Khemka, Head – Analysis, Wealth Administration, Motilal Oswal.
Dr. VK Vijayakumar, Chief Funding Strategist, Geojit Investments mentioned, “The market has turned cautious because the reciprocal tariff day approaches. Institutional exercise means that whereas FIIs aren’t overly involved about tariffs DIIs are taking a cautious stance. Over the last 5 buying and selling days FIIs purchased fairness for Rs 21376 crores whereas DIIs bought fairness for Rs 9704 crores. Regardless of internet institutional shopping for yesterday the market drifted down indicating concern and concern within the market. The energy of home consumption themes like financials, telecom, aviation and motels point out that the market is making ready for a situation the place tariffs might affect export-oriented segments.Trump’s newest determination to impose a 25 % responsibility on all automobile imports to the US will affect Tata Motors which exports a big chunk of JLR vehicles to the US.”
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US equities declined considerably on Wednesday, with Nvidia and Tesla main losses as markets awaited particulars relating to anticipated US automotive import tariffs.
Asian shares declined Thursday morning following President Donald Trump’s commerce bulletins affecting threat urge for food.
The worth of gold elevated on Thursday amid rising worries concerning the U.S. President Donald Trump’s intentions to implement reciprocal tariffs subsequent week, following a 25% responsibility imposed on imported vehicles and light-weight vehicles that intensified international commerce tensions.
International portfolio traders bought internet shares price Rs 2,240 crore on Wednesday. Home institutional traders divested shares valued at Rs 696 crore.
The internet quick place of International Institutional Buyers decreased from Rs 90,604 crore on Tuesday to Rs 83,733 crore on Wednesday.