Chandigarh,28 April 2025 : The stock market opened on a positive note on Monday amid ongoing border tensions between India and Pakistan.
The Bombay Stock Exchange (BSE) benchmark Sensex soared by 456.05 points to 79,668.58 in early trade. On the other hand, the NSE Nifty rallied 112.85 points to 24,152.30.
The situation at the India-Pakistan border remains the key concern for the market participants.
Ajay Bagga Banking and Market Expert told ANI, “FPI flows are continuing to support Indian markets along with continued DII flows. With no major OFS or IPOs absorbing liquidity, markets are benefiting from these flows. However, last week we saw falls in both leading and broader indices in India. This was despite positive numbers from both FPIs and DIIs. This points to outflows from prop desks and HNI segments on the back of the heightened geopolitical tensions on the Indian subcontinent”.
Sensex, Nifty declined sharply on Friday
On Friday, both Sensex and Nifty declined sharply due to selling in Axis Bank and the ongoing border tensions following the Pahalgam terror attack.
The BSE barometer tanked 588.90 points or 0.74 per cent to settle at 79,212.53. During the day, it dropped 1,195.62 points or 1.49 per cent to 78,605.81.
Summary:
The stock market shows a green opening despite ongoing tensions at the India-Pakistan border, reflecting resilience in investor sentiment amid geopolitical concerns.