Source: Reuters (via feed)
India’s stock markets opened slightly higher on Thursday amid cautious optimism about corporate earnings. The Nifty 50 index rose 0.21% to 25,873.35 by 9:15 a.m. IST. Meanwhile, the BSE Sensex gained 0.28% to reach 83,969.82.
Fifteen of the sixteen major sectors on the exchanges started the day in positive territory. The broader small-cap segment also showed gains. The initial uptick reflects investor expectations for improving earnings, which supports the market’s upward momentum.
However, market participants remain watchful of global cues and domestic factors that may influence movement later. Trading volumes and volatility are expected to stay moderate. Overall, the market trend at the open suggests confidence among investors about corporate performance, despite potential uncertainties.
The modest rise in major Indian indices indicates investor focus on earnings outcomes, which are key for stock valuations and market sentiment.
