Top performers included HCL Tech, Tech Mahindra, Tata Steel, Infosys, Bharat Electronics, Bajaj Finserv, Ultratech Cement, ICICI Bank, Kotak Mahindra Bank, and Larsen & Toubro, with gains up to 1.3 percent. Stocks such as Eicher Motors, Maruti Suzuki, Axis Bank, Sun Pharma, SBI, Bajaj Finance, and Bharti Airtel saw early losses.

Broader markets also rose, with Nifty MidCap up 0.37 percent and Nifty SmallCap 0.38 percent. The Nifty Metal index led sectoral gains with a 1 percent increase, while the Nifty Pharma index fell 0.37 percent.

Experts said IT largecaps remain overvalued due to structural challenges, while PSU stocks corrected valuation anomalies. Growth stocks in digital and renewable energy sectors continue to attract investment. Analysts anticipate a mild rally with Muhurat trading approaching.

The post Indian Markets Open Higher Amid Earnings appeared first on India Podcast.

Concerns over FII outflows and US visa curbs dominated market sentiment. Traders awaited Q2 corporate earnings and potential India-US trade developments. Broadcap indices, Nifty Midcap 100 and Nifty Smallcap 100, fell slightly. Top gainers included Hindalco, Dr. Reddy’s Labs, ONGC, Tata Steel, and Tata Consumer. Major losers were Tata Motors, Bajaj Finance, Titan, Maruti Suzuki, and Hero MotoCorp.

Among sectors, Nifty IT declined 0.23 per cent, Nifty Auto 0.21 per cent, and Nifty Private Bank 0.14 per cent. Minor gains were seen in Nifty Metal and Nifty Pharma. Analysts noted that the Nifty index struggled to cross the 25,278-25,330 range amid selling pressure. Immediate resistance is at 25,100 and 25,250, while support lies at 25,000 and 24,900.

US markets closed lower, with Nasdaq down 0.34 per cent and Dow dropping 0.37 per cent. Asian markets mostly rose, including Shanghai up 0.19 per cent and Shenzhen up 1.29 per cent. On Wednesday, FIIs sold equities worth Rs 2,425 crore, while DIIs bought Rs 1,211 crore.

The post Sensex, Nifty Open Lower Amid Market Volatility appeared first on India Podcast.