Sensex, Nifty open nearly flat as geopolitical tensions continue
Mumbai — Indian benchmark indices opened on a cautious note Thursday, with both the BSE Sensex and NSE Nifty trading nearly flat amid persistent geopolitical tensions across global markets.
At the opening bell, the Sensex was marginally up by 45 points to trade around 74,100, while the Nifty hovered near 22,530, showing muted investor sentiment. Sectors such as IT and FMCG showed mild gains, while metals and energy stocks remained under pressure.
Analysts attribute the subdued movement to ongoing geopolitical uncertainty, particularly developments in the Middle East and Eastern Europe, which continue to cast a shadow over global financial markets. Risk-averse investors are treading carefully amid concerns about supply chain disruptions, inflationary pressures, and volatile commodity prices.
“With global cues remaining weak and foreign institutional investors adopting a wait-and-watch approach, the Indian markets are likely to remain range-bound in the near term,” said an equity strategist at a leading brokerage.
On the domestic front, investors are also looking ahead to key corporate earnings and macroeconomic data, which are expected to provide further direction. The Indian rupee opened flat against the dollar, and bond yields held steady, indicating market caution.
Despite the flat start, market experts advise long-term investors to remain focused on fundamentals, especially in sectors expected to benefit from domestic demand resilience.
As the day unfolds, traders will keep a close watch on global news flows, crude oil prices, and foreign investment trends to gauge the market’s next move.
