Experts say that the market outlook remains positive, with broader market participation anticipated due to supportive macro factors and earnings momentum. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 went above 25,000, BSE Sensex gained over 500 points. At 9:19 AM, Nifty50 was trading at 25,005.85, up 153 points or 0.61%.BSE Sensex was at 82,262.91, up 542 points or 0.66%.Experts say that the market outlook remains positive, with broader market participation anticipated due to supportive macro factors and earnings momentum.VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “News of India becoming the fourth largest economy in the world would be a near-term morale boost for the market. RBI’s bumper dividend payment to the government exceeding the budget estimates will help contain the fiscal deficit target for FY26 at 4.4%. This, in turn, can sustain the low inflation and declining interest rate trend which will continue to support the equity market.FII inflows which have been strong in early May have turned erratic recently indicating potential selling at higher levels.”“It appears that the good news regarding tariffs is behind us. Trump’s comments regarding tariffs on the EU and the 25 % tariff threat to Apple if they don’t manufacture iPhones in the US suggest that bad news impacting the market can suddenly come from the US President any time. A significant feature of the Q4 results season is the outperformance of the midcaps which has helped reduce the high valuations of the segment.”Asian equities and US-European index futures advanced on Monday after President Donald Trump postponed stringent European tariffs, influencing market movements.US equities declined on Friday, recording a weekly loss, after President Donald Trump suggested 50% tariffs on European goods, initiating new trade tensions and creating market uncertainty.Crude oil values increased in early Asian trading on Monday following Trump’s extension of European Union trade talk deadlines, reducing worries about US tariffs on the bloc that could impact global economic growth and oil demand.Gold prices decreased from a two-week peak on Monday after Trump established a July 9 deadline for European Union trade negotiations, withdrawing his previous 50% tariff threat from June 1.The euro and American dollar strengthened against the yen and Swiss franc on Monday after President Donald Trump set a July 9 deadline for European Union trade discussions, withdrawing his 50% tariff threat from June 1.Foreign portfolio investors purchased shares worth Rs 1,794 crore net on Friday. DIIs were net buyers at Rs 300 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)
