Stock market today: Nifty50 under 24,600; BSE SENSEX in about 100 points – Times of India

Stock Market Today: Nifty50 and BSE Sensex, the Indian Equity Benchmark Indices, opened flat on the market on Tuesday. While Nifty50 was lower than 24,600, BSE SENSEX was nearly 80,500. At 9:18 am Nifty50 traded on 24,569.75, 15 points down or 0.062%. BSE SENSEX was at 80,513.49, a decrease of 91 points or 0.11%.Analysts anticipate stable market conditions, while the developments of American rates and the results of the planned American Russian discussions are being monitored this week.US shares fell on Monday when investors in the inflation data waited to evaluate the prospects of the interest rate.Recent changes to the US Federal Reserve and indicators of the softening of the labor market have led investors to anticipate a possible shift to the accommodating monetary policy later this year.Asian shares started higher on Tuesday, with investors being careful prior to crucial American inflation data that can influence the interest rate decisions of the Federal Reserve.Oil prices rose on Tuesday after the US and China agreed to maintain the current rate level, which reduces the concerns that their trade conflict would influence the economies and fuel consumption in these important oil-consuming countries.Foreign portfolios sold shares worth RS 1,202 crore on Monday, while domestic institutional investors bought RS 5,972 crore in shares.(Disclaimer: recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the opinion of the Times of India)