Mumbai, Nov 19

Indian stock markets began Wednesday’s trading session on a cautious note, opening almost unchanged as investors reacted to weak signals from global markets. Concerns around a global selloff in technology and AI-related stocks kept traders on edge, leading to a hesitant start on Dalal Street.

The Nifty 50 opened slightly higher at 25,918.10, marking a small gain of 8.05 points or 0.03 per cent. At the same time, the BSE Sensex slipped into the red at 84,643.78, down 29.24 points or 0.03 per cent. The flat opening reflected mixed sentiment as market participants tried to assess the impact of international developments on domestic equities.

Broader indices on the NSE also showed very mild positive movement. Nifty 100 gained 0.04 per cent, Nifty Midcap 100 rose 0.02 per cent, and Nifty Smallcap 100 moved up 0.02 per cent. Most sectoral indices opened in the green, with the exceptions of Nifty FMCG and Nifty Realty. Among the early performers, Nifty IT inched up 0.24 per cent, Nifty Pharma rose 0.18 per cent, Nifty Auto added 0.06 per cent, and Nifty PSU Bank gained 0.07 per cent.

In the IPO space, Tenneco Clean Air India prepared for its market debut at an issue price of ₹397 per share. The public issue had attracted strong investor interest earlier, receiving subscriptions 58.83 times the offering size, signalling continued appetite for select new listings even in volatile conditions.

Global cues, however, remained the biggest source of pressure. US markets closed lower on Tuesday as technology stocks experienced sharp declines. A strong risk-off mood linked to concerns around the AI sector led to heavy selling. Bitcoin also saw a sudden slide, briefly falling below USD 90,000 and recording a steep 30 per cent drop from its October peak. With this fall, the cryptocurrency turned negative for the year, adding to investor worries about speculative assets.

Asian markets reflected similar nervousness on Wednesday morning. Across key exchanges, technology and AI-related shares faced strong selling pressure, mirroring trends in the US. This downturn contributed to the uncertain environment that influenced Indian markets at the opening bell.

Investors in India now await further global signals and domestic news flows to determine market direction for the rest of the session. With volatility rising and overseas markets showing weakness, traders are expected to stay cautious until clearer trends 

 Indian Stocks Open Flat as Global Tech Selloff Weighs on Markets

Indian markets began the day on a quiet note as global weakness in technology stocks made investors cautious. The Nifty 50 opened slightly higher, while the Sensex slipped just a little, showing that traders were unsure about market direction. Most broader market indices on the NSE also saw very small gains, and many sectors opened in the green except FMCG and Realty. IT, Pharma and Auto stocks showed mild positive movement in early trade.

In the IPO space, Tenneco Clean Air India made its market debut at ₹397 after its issue saw strong demand. But overall market sentiment stayed weak because of global trends. US markets had closed lower, with tech stocks facing heavy selling as investors pulled back from AI-linked companies. Bitcoin also dropped sharply, falling below USD 90,000 and turning negative for the year. Asian markets followed the same trend, with noticeable selling in technology and AI-related stocks. With these signals from around the world, Indian traders remained careful and waited for more clarity before making big moves in the market.