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Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday but the market quickly moved to the green territory. While Nifty50 was above 24,850, BSE Sensex was marginally up. At 9:21 AM Nifty50 was trading at 24,857.80, up 32 points or 0.13%. BSE Sensex was at 81,596.74, up 45 points or 0.055%.Market experts indicate that volatility is expected to persist short-term, as investors closely monitor international developments, trade talks, and upcoming corporate results.VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Positive cues from the US market, weak dollar and soft gold will provide a favourable macro construct for the equity market today. Large liquidity with the mutual funds and the trend of sustained SIP inflows would encourage fund managers to buy consistently. Tariff-related issues and President Trump’s comments on a whole host of economic and non-economic issues would continue to weigh on markets. “The MPC is almost certain to cut policy rates by 25 bp in the June 6th policy meeting. Therefore, rate sensitives will be in focus in the coming days. Buy on dips is the ideal strategy in the present phase of market consolidation. BAT’s decision to sell 2.3% stake in ITC will keep the stock subdued. This will provide opportunity for long-term investors to buy this fairly-valued bluechip.”On Tuesday, US markets rallied strongly following President Donald Trump’s tariff relief announcement and unexpected positive consumer confidence data.Asian markets opened higher, following Wall Street’s strongest performance in over two weeks, supported by improved US consumer confidence and global bond market gains.Gold prices advanced on Wednesday due to a marginal decline in the dollar and reduced US bond yields. Investors remain watchful for the upcoming US core Personal Consumption Expenditures (PCE) price index report, which could provide guidance on interest rate decisions.Foreign portfolio investors purchased shares worth Rs 348.45 crore on Friday, whilst Domestic Institutional Investors (DIIs) acquired shares worth Rs 10,104 crore.Foreign Institutional Investors’ position in the futures market showed an increase in net short positions from Rs 51,312 crore on Monday to Rs 67,419 crore on Tuesday.(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)
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Costume Designer Amritha Ram on designing Kamal Haasan’s unconventional look in ‘Thug Life’: ‘He’s always done what others don’t’ – Exclusive | Tamil Movie News
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Costume Designer Amritha Ram on designing Kamal Haasan’s unconventional look in ‘Thug Life’: ‘He’s always done what others don’t’ – Exclusive | Tamil Movie News
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