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Sensex and Nifty Flat as Investor Caution Persists Amid Global Uncertainty
Sensex and Nifty traded flat amid global uncertainties, though IT stocks saw gains, and a rebound in the rupee offered support to the markets.
Indian stock markets traded flat on Thursday, with the Sensex and Nifty making a sharp U-turn after a cautious start. Investors remained wary amid ongoing uncertainty over a potential U.S.India trade agreement, which has weighed on investor sentiment. The decline in the Sensex and Nifty was offset by a rebound in the Indian rupee and renewed foreign investor buying. Despite the uncertain outlook, IT stocks saw gains, providing some support to the indices.