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Markets settle flat amid geopolitical tensions
Orissa POST
|May 01, 2025
Equity benchmark indices Sensex and Nifty stayed range-bound for the second consecutive session and ended flat Wednesday in a highly volatile trade amid escalated geopolitical tensions and selling in Bajaj twins.
Sustained foreign fund inflows, however, restricted the markets’ decline.
The 30-share BSE benchmark gauge declined 46.14 points or 0.06 per cent to settle at 80,242.24. During the day, it hit a high of 80,525.61 and a low of 79,879.15, gyrating 646.46 points.
The NSE Nifty ended marginally lower by 1.75 points or 0.01 per cent at 24,334.20.
"Nifty extended its consolidation for the second consecutive session, closing flat ahead of key US economic data (Q1 GDP) today. Market sentiment remains cautious due to the ongoing India-Pakistan geopolitical concerns," said Siddhartha Khemka, Head Research, Wealth Management, Motilal Oswal Financial Services Ltd.
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