Sensex, Nifty off to a Muted Start Ahead of US, India Inflation Data; Bank, IT Stocks Gain

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Indian stock markets opened on a muted note today as investors awaited crucial inflation data from both the US and India, which is expected to provide further insights into global and domestic economic conditions. The benchmark Sensex and Nifty indices traded flat in the early hours of trading, with minor gains in select sectors.




While overall market sentiment remained cautious, banking and information technology (IT) stocks saw positive movement, supported by strong earnings reports and steady demand in key segments. HDFC Bank, ICICI Bank, and TCS were among the top gainers, bolstering investor confidence.

Market participants are closely watching the upcoming inflation numbers, with the US inflation report due later this week and India’s inflation data expected soon. The outcome of these reports could play a pivotal role in shaping the direction of global markets, as inflation remains a key factor influencing monetary policy decisions in major economies.

As the trading session progresses, investors are likely to adopt a cautious stance, factoring in global economic uncertainty while focusing on sectoral opportunities.

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