MUMBAI: On Tuesday, May 6, 2025, the benchmark indices of the Indian market Sensex and Nifty opened in the same flat position as global signals and interconnected domestic factors added to the market glum.
Soft start after all indicators were positive on the previous session.
Market Snapshot
Indian bourses were off notch in the early trade as an overall sense of caution appeared prevalent among investors. Participants seem to be taking a breath for the broader market sentiment as they mark recent economic releases and brace for more fireworks.
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Key Indices and Levels
Nifty 50 Index is saw a trading within the vicinity of around 24,450 as of opening hours. The BSE Sensex too was around the 80,700-support level on Monday and could weigh slightly lower, are the initial sort of session.
Sectoral Movements
This morning some selling pressure in the Pharma sector given US Tariff Policy fears for pharma stocks was noted as seen from sell-side activity. On the other hand, auto resilience: Stocks like Mahindra & Youngsters saw an up move on positive Q4 results.
Determinants of trade
Today, the Indian market is being nudged by several factors – a mix of cues from global markets. The ongoing geopolitical tensions, the US Federal Reserve Policy Meeting and a whole list of Q4 corporate earnings to be announced are likely to keep investors glued to the screen in search of direction on markets.