Stock market today: Nifty50 opens in green; BSE Sensex up over 100 points

Stock marketplace today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened successful greenish connected Tuesday aft being pulled into reddish the erstwhile trading league aft Donald Trump medication hiked H-1B visa fees.

While Nifty50 was supra 25,200, BSE Sensex was up implicit 100 points. At 9:16 AM, Nifty50 was trading astatine 25,238.10, up 36 points oregon 0.14%. BSE Sensex was astatine 82,272.81, up 113 points oregon 0.14%.Market attraction volition present displacement to Piyush Goyal's US sojourn for commercialized negotiations, the archetypal since the Trump administration's 50% tariff implementation. Analysts expect marketplace consolidation pursuing caller gains, whilst monitoring these developments.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says “The large resistance connected the marketplace since the 2024 September highest is the sustained FII selling, which, successful turn, is being triggered by the precocious valuations successful India and charismatic valuations elsewhere. FIIs sold equity worthy Rs 121210 crores successful 2024 and this year, truthful far, FIIs person sold equity for Rs 179200 crores done the exchanges. The precocious valuation differential betwixt India and different markets person enabled the FIIs to determination wealth from India to different markets and nett from it.

”“The script volition alteration erstwhile India’s firm net commencement improving. Indications of this uptrend successful firm net are expected to trickle successful with the festival season. Already determination are reports of crisp spike successful bookings for automobiles.”The 3 large US banal indices achieved grounds closing highs for the 3rd consecutive league connected Monday, with exertion shares starring the advance. Nvidia roseate aft announcing plans to put up to $100 cardinal successful OpenAI.Asian equities showed flimsy betterment astatine opening pursuing Wall Street's record-setting rally, supported by renewed assurance successful exertion stocks.Oil prices stayed comparatively unchangeable connected Tuesday arsenic marketplace participants assessed the effects of ongoing Middle East and Russian conflicts, whilst concerns remained astir imaginable request simplification owed to commercialized tariffs.Foreign portfolio investors purchased shares worthy Rs 2,910 crore nett connected Monday. Domestic organization investors were besides nett purchasers, investing Rs 2,582 crore.(Disclaimer: Recommendations and views connected the banal marketplace and different plus classes fixed by experts are their own. These opinions bash not correspond the views of The Times of India)