Markets See Marginal Gains: Sensex Up, Nifty Above 25,100; Tata Tech & Eternal Gain 2%

Indian Markets Open Week on a Muted Note; Sensex, Nifty Trade Flat.

Indian equities began the week with marginal gains amid mixed global cues. The BSE Sensex traded at 81,970, up 65 points (0.08%), while the Nifty50 inched higher by 6 points (0.02%) to 25,120.

In the broader market, Nifty MidCap rose 0.18% and Nifty SmallCap advanced 0.42%. Sectoral trends saw Nifty Realty leading gains with a 0.8% rise, while Nifty IT dragged the index down, slipping 0.66%.

Global Market Cues
Asian equities showed mixed performance as investors tracked US-China talks in Spain and awaited key economic data from Beijing, including retail sales, fixed asset investment, and unemployment rates. Japan and Malaysia were closed for holidays. By mid-session, Nikkei gained 0.8%, Topix 0.4%, and Kospi 0.16%, while ASX 200 fell 0.25%.

In the US, futures traded flat ahead of the Federal Reserve’s policy meeting, where a rate cut is widely anticipated. On Friday, Nasdaq Composite closed at a record high, up 2% for the week, while S&P 500 rose 1.6%, marking its best weekly gain since early August. The Dow Jones added 1%, ending a two-week losing streak, boosted by signs of a cooling labor market and easing inflation.