Markets open flat; IT, midcap stocks under pressure amid mixed global cues

July 24, 2025 11:17 AM

Markets open flat; IT, midcap stocks under pressure amid mixed global cues

The Indian stock market opened flat on Thursday as IT companies came under selling pressure amid mixed global cues. At 9:28 a.m., the Sensex slipped 110 points or 0.13 per cent to 82,615, and the Nifty declined 13 points or 0.05 per cent to 25,206. Sectorally, the Nifty IT index underperformed with a loss of 1.17 per cent. All other sectors showed marginal dips or moderate gains. Bank stocks registered moderate losses of up to 0.20 per cent. Midcap and smallcap stocks also faced selling press...

Sensex, Nifty open lower ahead of RBI MPC decisions as reciprocal tariffs kick in

April 9, 2025 10:04 AM

Sensex, Nifty open lower ahead of RBI MPC decisions as reciprocal tariffs kick in

Indian equity indices opened lower on Wednesday, following their global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector. Ahead of the RBI Monetary Policy Committee (MPC) decisions, where a 25 bps repo rate cut is likely, along with a shift in stance from 'neutral' to 'accommodative,' the Sensex was down 302 points, or 0.41 percent, at 73,939, and the Nifty was down 107 points, or 0.48 percent, at 22,433 in early trade. Along with large-cap ...