Stock market opens flat after weekly low

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Key Points

Market indices showed resilience, with the Sensex opening 45.94 points higher at 64,657.42, and the Nifty rose 27.60 points to start at 19,309.35...

As trading commenced, the Nifty companies experienced mixed fortunes, with 28 advancing and 22 declining...

The prevailing consensus remains that India's growth story is robust, and the country's expanding economy continues to offer extensive opportunities for medium to long-term investments...

The target of India's 5 trillion economy is expected to be achieved within the next few years, which could further expand the stock market...

Sectors such as IT, banking, pharma, FMCG, and petrochemicals are currently viewed as favourable, with major index players like Reliance, INFY, TCS, and HDFC Bank appearing robust with limited downside risk...

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