Benchmark indices Sensex and Nifty are likely to see a muted session on Thursday, with early pre-opening trends indicating a near-flat opening after Wednesday’s modest gains amid volatile trade and weak global cues.
The BSE Sensex started today’s trading near 83,650, declining almost 150 points, while the NSE Nifty50 rang the opening bell near 25,700, falling 76 points, as of 9:15 AM.
In the pre-open session, the Sensex slipped over 30 points and breached 83,800, and the Nifty remained nearly flat at 25,777, around 9:03 AM. Markets had ended slightly higher in the previous session, supported by gains in select heavyweights, though a sharp correction in information technology stocks capped the upside.
Volatile Session Ends With Marginal Gains
On Wednesday, the Sensex closed 78.56 points, or 0.09 per cent, higher at 83,817.69 after oscillating between gains and losses throughout the day. The index touched an intra-day high of 83,947.53 and a low of 83,119.95, swinging nearly 827.58 points during the session.
The Nifty advanced 48.45 points, or 0.19 per cent, to settle at 25,776.
Market breadth remained positive, with 2,726 stocks advancing on the BSE, 1,477 declining and 163 remaining unchanged.
Traders attributed the sell-off to renewed concerns over valuations and fears that rapid advances in artificial intelligence could disrupt traditional outsourcing models. Sentiment deteriorated after AI startup Anthropic unveiled an end-to-end workflow automation productivity tool, raising fresh questions about long-term demand for conventional software services.
What To Watch Today
With markets standing nearly flat in pre-opening trade on Thursday morning, investors are expected to remain cautious. Traders will monitor global technology trends, developments around the India-US trade framework and upcoming domestic triggers, including policy cues and macroeconomic data, for clearer direction in the session ahead.
