Stock Market Live Updates: Sensex and Nifty show modest gains in early trading, inflation concerns loom

Sensex, Nifty, Share Prices LIVE: On October 15, 2024, Indian stock markets had a flat opening, reflecting investor ambivalence towards positive global market trends and domestic inflationary pressures. The Sensex slightly increased to 82,101.86, and the Nifty50 edged up to 25,186.30. Sector-wise, performances were mixed; BPCL, Bharti Airtel, and Infosys led gains, while ONGC and Tata Steel were among the top losers. The market’s cautious optimism follows a strong performance the previous day and is set against a backdrop of rising retail inflation, now at a nine-month high of 5.49%, and vibrant global markets, where U.S. stocks reached new highs. Additionally, the IT sector is in the limelight after HCL Tech’s robust Q2 results. The day is also marked by Hyundai Motor’s IPO launch, the largest in India’s history. Despite the flat start, experts suggest a careful market approach, advising on strategic positions based on global cues, corporate earnings, and macroeconomic data.