Sensex Falls 100 Points, Nifty Slides Under 25,850; TMCV Tumbles 3%, Honasa Consumer Jumps 9%

Sensex, Nifty Open Flat Amid Weak Global Cues; Broader Markets Edge Higher.

Indian equity markets opened flat on Thursday as investors tracked mixed global cues and awaited fresh domestic triggers. The BSE Sensex slipped 114 points (0.14%) to 84,405, while the NSE Nifty50 was down 26 points (0.1%) at 25,850.

Broader markets, however, outperformed the benchmarks. The Nifty Midcap 100 inched up 0.02%, and the Nifty Smallcap 100 gained 0.2%, indicating selective buying in mid- and small-cap counters.

Global Cues
Asian equities traded largely positive, following a volatile session on Wall Street. Investors remained focused on developments in Washington amid optimism that the prolonged US government shutdown could end this week.

Japan’s Nikkei 225 rose 0.4%, South Korea’s KOSPI gained 0.3%, while Hong Kong’s Hang Seng slipped 0.2%.

On Wall Street, major indices closed mixed on Wednesday as investors rotated out of high-valuation technology stocks and awaited a resolution to the shutdown. The Dow Jones Industrial Average rose 0.68%, the S&P 500 ended nearly flat, and the Nasdaq Composite declined 0.26%.

Analysts expect Indian markets to remain range-bound in the near term, with sentiment influenced by global macro developments, corporate earnings, and policy clarity from New Delhi.