Stock market today: Nifty50 opens flat; BSE Sensex down 50 points

Indian markets recovered connected Monday, but analysts cautioned that volatility whitethorn persist arsenic investors stay wary of geopolitical tensions successful West Asia and fluctuations successful planetary vigor prices.

The ongoing struggle continues to measurement connected sentiment and support wide hazard appetite restrained.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “With full uncertainty and disorder regarding the inclination of the warfare continuing, this uncertainty is getting reflected successful the market, too. Even seasoned experts deficiency condemnation to counsel investors connected the close strategy. All that tin beryllium said with condemnation present is: stay invested and proceed with SIPs.”

“Nifty’s crisp bounce of 257 points yesterday was triggered chiefly by short-covering from oversold territory. This bounce backmost is improbable to sustain, fixed the monolithic selling by FIIs which touched Rs 9366 crores yesterday. In the near-term this FII selling volition proceed since different markets similar the South Korean and Taiwanese markets are giving amended returns to FIIs. More importantly, the net maturation prospects successful these markets look overmuch amended compared to India’s.

In brief, the sustained FII selling is apt to measurement connected markets successful the near-term."Foreign portfolio investors (FPIs) remained nett sellers during the session, offloading shares worthy Rs 9,365 crore. In contrast, home organization investors (DIIs) provided enactment to the marketplace by purchasing equities worthy Rs 12,594 crore.Wall Street closed sharply higher connected Monday, driven by gains successful artificial quality related stocks.

Meta Platforms roseate aft a study indicated that the institution is preparing for sweeping layoffs. Asian markets besides opened higher, supported by optimism that a greater fig of lipid tankers whitethorn soon beryllium capable to walk done the strategically important Strait of Hormuz. The improvement lifted sentiment pursuing the beardown show connected Wall Street.Oil prices climbed much than 2 per cent successful aboriginal trading connected Tuesday, reversing portion of the losses recorded successful the erstwhile session. (Disclaimer: Recommendations and views connected the banal market, different plus classes oregon idiosyncratic concern absorption tips fixed by experts are their own. These opinions bash not correspond the views of The Times of India)