Sensex, Nifty, Share Prices LIVE:Equity markets are expected to open flat amid mixed global trends, with the domestic market influenced by the nearing end of the election and earnings seasons. Analysts anticipate sustained momentum in the short term, driven by global sentiment. The slowdown in FPI selling is a positive sign. Gift Nifty at 23,030 against Nifty June futures at 23,109 suggests a flat opening. Vipul Bhowar of Waterfield Advisors noted that the RBI’s ₹2.11-lakh crore dividend payout could ease the FY25 fiscal deficit, potentially reducing government borrowing needs and boosting capital spending. However, the “Sell India, buy China” stance may persist due to valuation differences. Pravesh Gour of Swastika Investmart highlighted key earnings from companies like Tata Steel and the influence of the upcoming Lok Sabha election results on FII flows. Positive global cues and steady gains in domestic benchmarks support a gradual market up-move with some volatility expected.
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