Indian markets open flat, experts raise concern on overvaluation of small, midcap stocks

Mumbai (Maharashtra) [India], May 23 (ANI): Indian markets opened flat on Thursday with the Nifty index starting at 22,614 points and the Sensex at 74,253 points.

All indices in the broader market opened in green with marginal gains. The Nifty Next 50 rose by 101 points to 68,430, while the Nifty Bank gained 242.75 points to reach 48,024.

The market experts attribute the cautious optimism to the approaching election resul