Sensex, Nifty open flat as investors awaited fresh triggers
MUMBAI: The Indian stock market opened on a flat note on Tuesday as investors awaited fresh triggers.
Both benchmark indices, the Sensex and the Nifty, were slightly lower in early trade.
The Sensex slipped 76 points, or 0.09 per cent, to trade at 84,824 levels. Similarly, the Nifty dropped 29 points, or 0.11 per cent, to 25,931.
“Nifty now holds immediate support at 25,850–25,800, a zone increasingly acting as an accumulation area for medium-term participants,” market watchers said.
“On the upside, resistance is placed at 26,050–26,100, a supply zone that has consistently restricted intraday recoveries,” analysts added.
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