Stock Market Today: Indian Indices Shine as Nifty50, Sensex Open Higher

Indian equities open higher, with benchmark Nifty50 and Sensex trading up marginally. Broader Nifty Midcap 100 and Smallcap 100 indices outperform frontline benchmarks.
Stock Market Today Indian Indices Shine as Nifty50, Sensex Open Higher

Indian benchmark indices opened the trading session on a positive note, with the Nifty50 and Sensex trading slightly higher. The broader market indices, Nifty Midcap 100 and Nifty Smallcap 100, also outperformed the frontline indices.

Sectorally, Nifty Auto emerged as the top gainer, while Nifty IT was the biggest loser. Among the Nifty50 constituents, Maruti, Cipla, and Britannia were the top performers, while Shriram Finance, JSW Steel, and BPCL were the laggards.

The surge in the India VIX, which measures market volatility, indicates increased uncertainty in the market. However, the positive opening in the domestic market contrasts with the stable performance of global peers, with US markets reaching record highs on Monday.

Commodity markets also remained largely stable, with oil prices holding steady despite a hurricane impacting a major oil-producing hub in Texas. The F&O ban list for the day includes several stocks, signaling increased regulatory oversight.

Overall, the Indian equity market has started the day on a positive note, with the Nifty Auto sector leading the gains, while the broader market indices outperform the frontline benchmarks.

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