Stock market today: Nifty50 opens flat; BSE Sensex near 85,700
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Monday amidst mixed global cues. While Nifty50 was above 26,300, BSE Sensex was near 85,700. At 9:16 AM, Nifty50 was trading at 26,323.95, down 5 points or 0.017%. BSE Sensex was at 85,710.66, down 51 points or 0.060%.The focus this week is on a data calendar, both in India and overseas, as markets move into the early stage of the earnings season. Domestically, investors will track the final readings of the HSBC Services PMI and Composite PMI for cues on economic momentum.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The year 2026 has begun with major geopolitical developments which can have profound consequences. The US action in Venezuela has the potential to further destabilise global geopolitics. The Russia-Ukraine conflict is likely to linger longer; there can be worsening of the protests in Iran and how the Iranian regime reacts to that in the context of threat of intervention by Trump; and perhaps even China might use this time of huge uncertainty for annexation of Taiwan. The huge uncertainty and unpredictability of geopolitics will influence the market, too. We will have to wait and watch how things unfold.” “A positive for India from the Venezuelan crisis is that its medium to long-term impact is bearish for crude. The market is likely to remain resilient in the near-term since we are at an all time high and the momentum might support the bulls. The Bank Nifty is strong and has fundamental support from impressive credit growth. Q3 results of the banking and financials segment will be good.”Global markets offered support after Wall Street closed higher on Friday. The Dow and the S&P 500 ended the session in green, snapping their four day losing streak at the start of 2026, led by gains in technology and industrial stocks such as Nvidia, Intel and Boeing. Asian equities also advanced, touching record levels as investors continued to favour technology shares.In commodities, oil prices showed mild gains on Monday as traders assessed the potential impact of political turmoil in OPEC member Venezuela on crude shipments, following the capture of Venezuelan President Nicolas Maduro by the Donald Trump administration. On the domestic institutional front, foreign portfolio investors were net buyers of Indian equities worth Rs 289 crore on Friday, while domestic institutional investors purchased shares worth Rs 677 crore, providing additional support to the market.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
