Sensex, Nifty, Share Prices LIVE: India’s benchmark indices, Sensex and Nifty, opened the week on a flat note due to a lack of fresh triggers. The Sensex fell by 182.80 points to 81,526.32, while the Nifty dropped by 47.30 points to 24,630.50. Analysts expect subdued market activity with limited investor participation, though foreign portfolio investors continue to provide support, helping maintain gains. Broader markets have shown recovery, with the Nifty 50 up 3.2%, and Midcap and Smallcap indices also rising. Key developments include the RBI’s CRR rate cut by 50 bps, injecting ₹1.1 lakh crore liquidity, and a revised GDP forecast of 6.6% for FY25. However, challenges remain with the Q2 GDP growth at 5.4%, and the government needs to ramp up capital expenditure. Despite the positive shift in FII strategy, analysts remain cautious, advising against aggressive market movements. Technically, the Nifty faces resistance from moving averages and the Ichimoku hurdle, with support levels at 24,445 and 24,360.
