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Flat Start for Indian Equities as Investors Await Heavier Q2 Results Flow
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Indian indices were range-bound at the open, reflecting cautious risk appetite before a dense Q2 earnings calendar and watchful foreign flow patterns.
At the opening bell, India’s benchmarks oscillated within a tight range, with the BSE Sensex and NSE Nifty moving less than 0.5% amid muted global cues. Traders cited an earnings-heavy week and stock-specific action as near-term drivers, while foreign flows were mixed. Early tick data showed banks, energy, and autos offsetting weakness in select IT names. Macro watchers flagged oil’s intraday drift and rupee stability as supportive. Market participation remained broad but cautious, with focus on margin commentary, capex plans, and order-book visibility from upcoming midcap and large-cap reporters.