Stock Market Live Updates: Sensex, Nifty set for flat opening amid mixed global signals

Sensex, Nifty, Share Prices LIVE: India’s benchmark indices, Sensex and Nifty, are expected to open flat on Thursday due to mixed global cues and continued selling pressure from foreign portfolio investors, despite some counter-buying by domestic players. Analysts highlight that the focus is now on financial performance, particularly as key index companies like Infosys, Axis Bank, and Wipro prepare to release their Q2 results. As foreign institutional investors have sold ₹63,875 crore so far in October, the market is consolidating in a cautious manner. Technical analysis reveals that Nifty is boxed between a resistance level of 25,250 and support at 24,900, indicating a standoff between buyers and sellers. A breakout could lead to gains, while a breach below crucial support levels might favour sellers. Additionally, rising consumer spending during the festive season may inject positive sentiment into the market.