Stock market today: Nifty50 opens in red; BSE Sensex down over 100 points – OXBIG NEWS NETWORK-OxBig News Network

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday ahead of the RBI policy review. While Nifty50 was below 24,750, BSE Sensex was down over 100 points. At 9:18 AM, Nifty50 was trading at 24,731.05, down 20 points or 0.080%. BSE Sensex was at 81,306.31, down 136 points or 0.17%.Market experts anticipate consolidation with an upward trend, influenced by international market performance, economic indicators and developments in US-India trade talks.VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Uncertainty, which has been looming large on the global economic horizon, has spiked with the open spat between President Trump and Elon Musk. This unprecedented clash between two of the world’s most powerful and mercurial personalities will have its consequences on the policies of the US administration. Chinese restrictions on exports of rare earth minerals and magnets, in response to the reciprocal tariffs imposed by US, have already started impacting the EV automobile industry. Important US data like US ISM PMI and jobless claims indicate that the US economy is slowing down. US is likely to end 2025 with a GDP growth of mere 1%. US bond yields are likely to fall further which will be positive for EMs, particularly India, whose growth prospects are the brightest.“In today’s monetary policy the RBI is likely to cut policy rates by 25 bp. This is already factored in by the market. More important will be the RBI commentary on growth and inflation projections for FY26. If the inflation forecast is cut from 4% the market would respond positively.”US equity indices declined on Thursday in volatile trading, with Tesla’s downturn overshadowing positive developments in trade discussions between US President Donald Trump and Chinese leader Xi Jinping.Asian shares opened with caution before US employment data release, which could indicate future Federal Reserve rate decisions.Gold prices advanced on Friday and were set for weekly gains, as disappointing U.S. economic indicators strengthened demand whilst a weakening dollar provided additional support. Investors remained focused on upcoming U.S. payroll figures for insights into the Federal Reserve’s policy decisions.FPIs recorded net sales of Rs 208 crore on Thursday, whilst DIIs emerged as net purchasers with Rs 2,382 crore.FIIs’ net short position in futures trading increased to Rs 1.06 lakh crore on Thursday from Rs 1.02 lakh crore on Wednesday.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The OXBIG NEWS NETWORK)