Markets face subdued start on Diwali with slight dips in Nifty and Sensex while experts call for fiscal, monetary measures to boost growth amid FII selling and sectoral pressures
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The Nifty index gained 59.20 points to open at 25,023, while the BSE Sensex index was also up by 0.24 per cent, gaining 195 points to open at 81,576.93
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The report highlights that the fluctuating oil prices have also played a role in shaping market sentiments during the quarter, as energy costs remain volatile
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Domestic Institutional Investors (DII) offset Foreign Portfolio Investors (FPIs) sell-off with Rs 53,203 crore buying, but market sentiment remains weak amid global uncertainties
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The Nifty 50 index opened at 26,226 points, registering a surge of 0.04 per cent, while the BSE Sensex opened at 85,897 points with a gain of 57 points. The Sensex breached the 86,000 mark in the pre-opening session and touched a new high of 85,955 points after opening.
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The sectoral index of IT trades with a lead of 1.96 per cent with stocks of major IT companies such as LTIMindtree, Wipro, and Infosys are trading as the biggest gainers in the trade
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The Nifty 50 index began the day with an increase of 0.14 per cent, or 33.60 points, reaching 24,845.10 points. Similarly, the BSE Sensex opened with a rise of 0.14 per cent, or 112.46 points, at 81,165.65 points
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Nifty 50 concludes down at 22,302 with 0.62 per cent dip, whereas the Sensex slumps 383 points lower with 0.52 per cent loss at 73,511 levels
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