Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, trade flat with a negative bias on Friday amid mixed global cues. At 9:41 a.m., the BSE Sensex had dropped 96.04 points to 80,957.15, while the NSE Nifty dipped 29.70 points to 24,781.80. As investors await the US Federal Chief’s speech at the Jackson Hole symposium later today, experts anticipate a subdued session on Dalal Street. Analysts like Nandish Shah from HDFC Securities highlighted that the recent US Fed minutes indicated a possible case for rate cuts, although the central bank opted to keep rates steady. Mandar Bhojane of Choice Broking noted that upcoming US economic data will be crucial in shaping market expectations. On the technical front, Dhupesh Dhameja of SAMCO Securities pointed to cautious sentiment in derivative trading, with increased Call writing at key resistance levels. Despite a slight drop in India VIX, analysts suggest a “Buy on Dips” strategy as the market focuses on Powell’s address.
