Stock market today: BSE Sensex opens over 200 points down; Nifty50 below 24,600 – Times of India

Financial markets began the week cautiously as investors awaited the US Federal Reserve’s key interest rate decision. (AI image)

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Tuesday. While BSE Sensex was just above 81,500, Nifty5 was below 24,600. At 9:19 AM, BSE Sensex was trading at 81,522.94, down 226 points or 0.28%. Nifty50 was at 24,594.45, down 74 points or 0.30%.
Financial markets began the week cautiously as investors awaited the US Federal Reserve’s key interest rate decision. Analysts indicate that Nifty encounters resistance near 24,800, whilst fluctuations in the India VIX present additional challenges for bullish traders.
US markets showed mixed performance with Nasdaq reaching record levels whilst investors assessed economic data before the Federal Reserve’s announcement.
The dollar remained strong near recent highs before anticipated US rate adjustments. Gold prices stabilised as markets await the Federal Reserve’s 2025 outlook.
F&O ban list includes Granules, Manappuram, Nalco, SAIL, RBL Bank, and Hindustan Copper.
FPIs recorded net sales of Rs 278 crore, whilst DIIs sold Rs 234 crore worth of shares.
FII net short position increased to Rs 75,038 crore from Rs 60,551 crore.