Stock market today: Nifty50 and BSE Sensex , the Indian equity benchmark indices, opened in red on Friday on weak global cues. While Nifty50 went below 25,400, BSE Sensex was down over 450 points. At 9:19 AM, Nifty50 was trading at 25,379.75, down 130 points or 0.51%. BSE Sensex was at 82,855.57, down 455 points or 0.55%. Market analysts indicate that the current phase shows consolidation with a downward tendency. They note that for Nifty, surpassing 25,700 is essential for restoring upward momentum, whilst dropping below 25,500 could lead to further declines in the near term. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “A significant feature of the present market trend is that despite the DIIs buying far more than what the FIIs are selling (
Stock market today: Nifty50 opens below 25,400; BSE Sensex down over 450 points
The Times of India2 hrs ago
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