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Sensex, Nifty open flat amid weak global cues; IT stocks buck trend
Social News XYZ 15 hrs ago·30 Oct 2026, 3:14 pm
The Sensex and Nifty started the session almost unchanged, with both indices hovering near their previous close. The flat opening came after overseas markets showed limited movement, leaving Indian investors cautious about the near‑term direction.
In contrast, information‑technology shares rose, bucking the overall flatness. The sector’s gain suggests that investors are still confident about IT earnings and export orders, even as broader sentiment remains muted.
Going forward, market moves will likely hinge on upcoming domestic economic data, corporate earnings releases, and any fresh developments in global markets. Traders will watch these cues for signs of whether the indices will break out of the current range.
Excerpt from Social News XYZ
Posted By: Gopi October 29, 2026 Mumbai, Oct 30 (SocialNews.XYZ) Indian equity benchmarks opened on a flat note on Friday, tracking cautious global sentiment and elevated crude oil prices. Sensex opened at 74,199.69, up 48.65 points or 0.07 per cent, while Nifty opened at 22,964.50, up 27.75 points or 0.12 per cent.…Read the original at Social News XYZ
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