Benchmark indices opened marginally higher on Tuesday, with the Nifty 50 starting at 24,691.95 from its previous close of 24,634.90 and trading at 24,658.05, up 23.15 points or 0.09 per cent, at 9.52 am. The Sensex opened at 80,541.77 against its previous close of 80,364.94 and was at 80,423.01, higher by 58.07 points or 0.07 per cent, at the same time.

The modest gains came despite persistent foreign institutional investor (FII) selling, which has continued to weigh on market sentiment. FIIs offloaded equities worth over ₹2,830 crore on September 29, marking the sixth consecutive session of selling. However, domestic institutional investors (DIIs) provided support, buying equities worth ₹3,845 crore on the same day.

“The near-term market structure appears weak. Sustained FII selling

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