Synopsis : Indian equity markets erased early gains to trade flat on Thursday, reflecting investor caution amid escalating geopolitical tensions. While benchmark indices hovered near key levels, select stocks like Tata Motors and Voltas delivered notable gains.
Market Recap: Cautious Trading Dominates as Geopolitical Concerns Loom
Indian stock markets started the day on a slightly positive note but failed to sustain early momentum as renewed India-Pakistan tensions weighed on investor sentiment. The BSE Sensex erased early gains, hovering around the flat line, while the Nifty tested the 24,400 level, underscoring the uncertain mood across Dalal Street.
The caution stems from India’s recent military strikes on nine terror camps across the LoC, a response to the Pahalgam attack. This geopolitical escalation has heightened volatility, despite positive cues from global markets and hopes for progress in US-India trade talks, which may lend short-term support to export-centric sectors.
Top Market Movers:
Tata Motors surged 3%, continuing its strong performance on growth optimism.
Voltas gained over 3% after reporting a 100% jump in Q4 net profit to ₹241 crore.
Coal India advanced 2%, reflecting positive sentiment in energy and commodity stocks.
Tata Chemicals edged up 2% as Q4 net losses narrowed to ₹56 crore.
Dabur slipped 4% due to disappointing Q4 results, impacting FMCG sentiment.
Gensol Engineering fell 5% after the Securities Appellate Tribunal (SAT) denied interim relief.
Global Market Snapshot:
S&P 500 futures up 0.4%
Euro Stoxx 50 futures also gained 0.4%
Hang Seng futures dipped 0.6%
Japan’s Topix fell 0.2%
Australia’s S&P/ASX 200 remained mostly flat
Despite moderate gains in Western markets, local uncertainties have kept Indian investors on edge.
Disclaimer : This article is for informational purposes only and does not constitute financial advice. Always consult a certified financial advisor before making investment decisions.
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