Nifty and Sensex opened flat as selling pressure from Foreign Institutional Investors (FIIs) persists. Despite slight gains, weak Q2 results and downward revisions in earnings estimates weigh on the market.

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The Indian stock market remained under pressure as both the Nifty 50 and BSE Sensex opened flat on Friday, showing little momentum. This trend reflects the continued selling pressure by Foreign Institutional Investors (FIIs), impacting the market’s ability to rebound despite modest gains.
The Nifty 50 index opened at 24,418.05 points, gaining just 18 points or 0.08 per cent, while the BSE Sensex saw a slight increase of 122 points, or 0.15 per cent, opening at 80,187.34. According to experts, despite these minor gains, the prevailing market sentiment remains weak.