Stock Market Today: Nifty50 and BSE Sensex, The Indian Equity Benchmark Indices, Opened in Red on Friday. While Nifty50 was below 24,800, bse senses was down over 170 points. At 9:17 AM, nifty50 was trading at 24,775.70, down 61 points or 0.24%. BSE Sensex was at 80,808.71, Down 175 points or 0.22%.Analysts anticipate continued positive movement on Friday, Driven by Supportive Monetary Policies, Good Monsoon Predictions and Increased Festival Season Demand.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited Says, “The positive impact of the Central Bank’s Bold Initiatives to Boost Credit Growth in the Economy has been the possible Market, particularly in bank nifty. But this Momentum is unlikely to Sustain in the Context of the Sustained Fii Selling in the Market. Fiis are likely to further Accelerate Selling Since the Market Construct Provides them the options to sell aggressively. The huge short position in the market indicates that the bulls will be on the defense. Aggressive Dii Buying Can Provide Some Support to the Market Particularly in Largecap Auto Stocks, which have Strong Fundamental Support Now. ““The Central Bank Initiatives to Accelerate Credit Flow ITO The Economy will be positive for banks. Insurance. Increase in Sales.,The Three Main Us Indices Achieved Record Closing Highs on CHursday with Modest Gains, Primarily Supported By Technology Stocks, Whilstors Carefully observate emploryment data data data The second day of US government shutdown.Asian Equites Showed Slight Gains at Opening after AI-Driven Optimism Pushed Global Markets to Record Levels.Oil prises showed a modest increase on Friday Following Four Consective Sessions of Losses. However, they reminded poised for their largest weekly Drop Since Late June, as Markets Anticipate Potential Potential Increased Output from OPEC+ OPEC+ Despite CONCERNS about Oversuply.On Wednsday, Foreign Portfolio Investors Were Net Sellers, Offloading Shares Worth Rs 1,605 Crore. In contrast, domestic institutional investors showed positive activity with net purchases of Rs 2,916 Crore.(Disclaimer: recommendations and views on the stock market and other asset classes give by experts
