Indian equity benchmarks opened marginally higher on Saturday, tracking firm early cues, with frontline indices holding modest gains in initial trade.
The Nifty 50 was trading at 25,377.50, up 56.85 points or 0.22%, while the BSE Sensex added 155.05 points, or 0.19%, to trade at 82,424.83, as of 09:05 am.
Gains on the benchmarks were measured, with broader market indices largely flat in early deals.
Banking, Financials Flat
The Nifty Bank index was trading unchanged at 59,610.45, while Nifty Financial Services also remained flat at 27,330.85, indicating a cautious start among heavyweight lenders and financial stocks.
The BSE Bankex edged higher, rising 34.62 points, or 0.05%, to 67,103.67.
Broader Markets Steady
Broader market indices showed limited movement in early trade:
Nifty Midcap Select stood flat at 13,400.05
Nifty Next 50 was unchanged at 67,839.85
Nifty 100 traded flat at 25,902.00
Nifty Total Market remained steady at 12,937.95
Volatility Muted
The India VIX, a measure of market volatility, was unchanged at 13.63, suggesting stable sentiment at the open.
Market View
Market participants appeared cautious in early trade, with selective buying in frontline stocks supporting headline indices, while broader participation remained muted. Traders are expected to track sector-specific cues and institutional flows through the session.
