Stock Market Update: Slow Start, Weak Recovery Hopes
Market Opens Flat
The Indian stock market started the new week on a dull note. On Monday, the Nifty 50 index opened at 22,521.85, falling 30.65 points (0.14%), while the BSE Sensex started at 74,474.98, showing a slight rise of 142.40 points (0.19%).
Experts believe that unless global economic and political stability improves, a strong and steady recovery in the market is unlikely.
Why is the Market Sluggish?
The slow market movement is mainly due to global factors, including:
✔️ New tariffs imposed by the US
✔️ Rising inflation fears
✔️ Economic slowdown concerns
Ajay Bagga, a banking and market expert, stated, “The Indian stock market is under pressure due to global uncertainties. Until we see stability in economic policies and international trade, the recovery will remain uncertain.”
Sector-Wise Performance
🔹 Banking & Auto stocks struggled, leading to a decline in related shares.
🔹 Media stocks surged over 1%, bringing a positive sentiment in that sector.
🔹 IndusInd Bank suffered the biggest drop, losing 5.35%.
🔹 Mahindra & Mahindra (-2.22%) and Trent (-1.29%) also faced declines.
What’s Next? Expert Predictions
Sunil Gurjar, a SEBI-registered analyst and founder of Alphamojo Financial Services, shared his insights:
📈 “If Nifty 50 closes above 23,400, we might see a bullish trend.”
📉 “Investors are showing interest, which could push the market higher.”
However, for the market to sustain its growth, it must break key resistance levels.
Final Thoughts
The stock market remains volatile with mixed signals. Investors should keep an eye on global trends, economic policies, and sector performance before making any major moves. Stay updated for the latest stock market insights!