Indian Markets Open Flat as Global Rally Meets Domestic Headwinds
What Happened
Indian equities opened cautiously on Thursday, with the Sensex rising about 146 points to 78,112, while the Nifty remained largely unchanged around 24,432. Gains in Asian markets and positive cues from Wall Street were offset by concerns over crude oil prices, geopolitical tensions, and recent foreign investor selling.
Key Takeaways
The current movement suggests investors are staying selective rather than turning outright bullish. Domestic institutions continue to buy, helping cushion the impact of foreign selling, while traders closely watch oil prices and global developments for the market's next direction.