Indian Markets Open Flat Amid Mixed Global Cues; Nifty Holds Above 24,250
What Happened
Indian equities opened marginally higher on Thursday, supported by easing crude oil prices, positive sentiment from Nvidia's strong earnings, and continued foreign investor inflows. The Sensex opened up 104 points at 77,577, while the Nifty opened 70 points higher at 24,278. However, gains were capped by concerns over higher-than-expected US inflation and monthly expiry volatility.
Key Takeaways
The market started on a cautiously positive note, but investors remain focused on global macro cues, US economic data, and expiry-day positioning. Banking stocks are providing support, while broader sentiment remains range-bound.