Stock market today: Nifty50 opens above 25,100; BSE Sensex up over 150 points

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 went above 25,100, BSE Sensex was up over 150 points. At 9:26 AM, Nifty50 was trading at 25,123.10, up 32 points or 0.13%.

BSE Sensex was trading at 82,352.59, up 152 points or 0.19%.The focus remains on trade negotiations in the weeks ahead, with India and the US working towards reaching an agreement before August 1.Market observers anticipate sideways movement, with attention on quarterly results and progress in India-US trade negotiations. The S&P 500 and Nasdaq reached new closing highs on Monday, boosted by Alphabet and other large-cap stocks ahead of this week's earnings reports, whilst investors remained optimistic about potential trade agreements to reduce economic impact from global tariffs.Asian equities advanced as US markets reached new highs before a significant Oil prices decreased on Tuesday, reflecting worries about reduced fuel demand growth. The ongoing trade tensions between major oil consumers, the US and European Union, raised concerns about diminished economic activity.Foreign portfolio investors sold shares worth Rs 1,681 crore on Monday, whilst domestic institutional investors purchased Rs 3,578 crore.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)