Sensex and Nifty 50 opens with mute trading session amid multiple global reasons

Mumbai: Stock Market exchange BSE and Nifty 50 were trading down with mild opening in the early morning session of Thursday due to the strong volatile situation in the market along with the muted sessions of Asian markets tripled with geopolitical tensions. The Sensex slipped by 0.39% as of current time to 84,619.13 with Nifty 50 index down by 0.50% at 26,012.15.

Among PSU sectors only BEL, HAL are top gainers, trading in green zone while other stocks like BHEL, NMDC Ltd, KIOCL Ltd, SBI and other public sectors are trading down.

Among Private sectors in Banking sectors like HDFC Ltd, Kotak Mahindra Bank, etc, are trading down but ICICI Bank is still trading higher by 0.51%. According to the Market watchers immediate support lies in the 26,000-26,050 zone while resistance is placed in the 26,250-26,300 zone.

Despite short-term softness, analysts said the broader positional trend remains bullish, supported by a pattern of higher tops and higher bottoms on the daily charts.

However, Asia-Pacific markets traded mixed in the morning session, tracking Wall Street losses amid comments from US President Donald Trump that fuelled geopolitical tensions.