Stock market today: Nifty50 opens above 25,700; BSE Sensex up over 200 points

Stock market today: Indian stock market benchmark indices, Nifty50 and BSE Sensex, opened in green on Friday. While Nifty50 was above 25,700, BSE Sensex was up over 200 points. At 9:16 AM, Nifty50 was trading at 25,712.30, up 47 points or 0.18%.

BSE Sensex was at 83,611.83, up 229 points or 0.27%.Analysts are of the view that stock markets are expected to remain range-bound as investors track corporate earnings, watch developments related to the India-US trade deal, and position themselves ahead of Budget 2026.Anand James, Chief Market Strategist, Geojit Investments Limited says, “The support provided by 25600 has allowed a reversal pattern to mature which gives us hope that Wednesday’s late recovery could have more legs.

We will, however, look for consistent trades above 25715, to pursue such upsides, which could ideally aim for 26020. That said, while we had taken a limited downside view on Wednesday, the potential for 25060 appears higher today, should we slip below 25600.

”Wall Street stocks ended higher on Thursday after two consecutive sessions of losses, led by sharp gains in Morgan Stanley and Goldman Sachs following strong quarterly earnings.

Shares of US chipmakers also advanced after Taiwan Semiconductor Manufacturing Company reported robust results that exceeded market expectations.Asian equities are on course for their longest weekly rally since May, supported by sustained optimism around artificial intelligence. In Indian stock markets, foreign portfolio investors were net sellers of equities worth Rs 4,781 crore on Wednesday, according to provisional data. In contrast, domestic institutional investors provided support to the market, buying shares worth Rs 5,281 crore during the session.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)