Stock Market Today: Nifty50 and BSE Sensex, Indian Equity Benchmark Index, opened in Red on Monday. While Nifty50 went below 24,600, BSE Sensex scored more than 500 points. At 9:16 am, Nifty50 at 24,587.10, was trading below 164 points or 0.66%. BSE Sensex was 80,879.49, 572 points or 0.70%below.Market experts continued positive speed through June, strong Q4 GDP data, potential RBI rate reduction and supported by stable institutional capital flow.The main investment strategist of Geojit Investments Limited VK Vijaykumar says, “The market structure is in favor of the continuity of the ongoing consolidation phase. Fresh tariffs are global headwinds like concerns that will stop a breakout rally. At the same time there are domestic tailwinds that will support the market at lower levels. The 50% tariff of President Trump on steel and aluminum is a clear message that tariffs and business landscapes will remain uncertain and turbulent. This will affect the headwind markets. Telwinds on the domestic front are getting stronger with the latest Q4 GDP growth data that is coming at 7.4%, which is much better. ,“Consumption is promising trends in expenditure and capital expenditure. It provides the perfect setting for continuous economic development in financial year 26 with the expected continuity of low inflation and rate cut policy. The only challenge is that TEPID is an increase in income. If the major indicators suggest an increase in income, then the exit and market is highly prone to the current limit.,The Asian markets declined with the US stock-index futures in the Asian markets amidst increasing trade concerns, showing reluctance to risk assets. Safe-heaven demand increased gold prices.S&P 500 ended Friday’s unstable trade session as US President Donald Trump criticized China before expressing optimism about a business deal. The index recorded its biggest monthly benefit from November 2023.Following the OPEC+decision to increase the production of July by the same amount to increase the production of July by the same amount of the last two months, oil prices increased by more than $ 1 per barrel.Foreign portfolio investors sold shares worth Rs 6,450 crore on Friday. Domestic institutional investors were pure buyers for Rs 9,096 crore.FIIS’s futures market status on Friday on Thursday led to a net reduction of Rs 77,963 crore to Rs 83,684 crore.(Disclaimer: Recommendations and views on stock markets and other asset classes given by experts are their own. These opinions do not represent the views of Times of India)
