Stock market today: Indian stock markets opened flat on Monday but moved into positive territory as the session progressed. BSE Sensex rose 295.84 points to 82,053.57 as bank stocks rally, while Nifty50 climbed 70.75 points to 25,039.15 at 10:24 am.Earlier, at 9:20 am, the Nifty50 was at 24,950.20, down 18 points (0.07%), while the BSE Sensex stood at 81,716.64, down 41 points (0.05%).Market analysts anticipate continued consolidation amidst global trade uncertainties and lacklustre Q1FY26 earnings reports. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The single most important factor which the market will be focusing on in the coming days will be the outcome of the trade talks between the US and India. If an interim trade deal between the two countries is reached with a tariff rate of less than 20 % on India, that would be a positive from the market perspective.”“Weekend Q1 results were good with ICICI Bank reporting the best numbers, particularly in PAT and credit growth. HDFC Bank also reported steady set of numbers. In the banking results, so far, Axis Bank’s numbers are the most disappointing. Flow of institutional funds from some banks to ICICI Bank is a possibility, going forward. RIL’s Q1 numbers are steady with Jio and retail posting good results. RIL stock has the potential to remain resilient.“Wall Street showed mixed results on Friday across S&P 500, Dow Jones and Nasdaq indices.Crude oil prices remained largely stable on Monday as market participants assessed the effects of fresh European sanctions on Russian oil deliveries, increased production from Middle Eastern countries, and worries about fuel demand as tariffs affected worldwide economic expansion.Foreign portfolio investors purchased shares worth Rs 375 crore net on Friday. Domestic institutional investors were net buyers with Rs 2,103 crore.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
