Opening Bell: Nifty 50, Sensex Flat in Early Trade; Cement Stocks Outperform as US-Iran Tensions Weigh on Sentiment

The Indian benchmark indices, Nifty 50 and Sensex, were trading in a narrow range in early trade on Tuesday as ongoing U.S.-Iran tensions continued to impact investor sentiment and kept risk appetite subdued.

At 9:18 AM, the Nifty 50 was trading higher by 3.35 points or 0.01 per cent at 24,241.85, while the Sensex gained 8.79 points or 0.01 per cent to trade at 77,717.31.

Among the Nifty 50 constituents, HDFC Bank, Maruti Suzuki India, and Eternal were among the Top Losers during the early session, limiting gains in the benchmark index.

In the broader market space, Mid-Cap and Small-Cap stocks showed mild strength. The Nifty MidCap index was trading 0.17 per cent higher, while the Nifty SmallCap index gained 0.34 per cent.

Sector-wise performance remained mixed, with the Nifty Cement index emerging as the top performer by rising 1 per cent. However, the Nifty Pharma and Nifty Healthcare indices underperformed compared with other sectoral indices.

Investors continued to track global developments, particularly the U.S.-Iran tensions, which remained a key factor influencing market movements.

Disclaimer: The article is for informational purposes only and not investment advice.