Mumbai, Oct 9 || Indian stock markets opened flat but with a slight positive tone on Thursday, taking cues from upbeat global trends.
At the opening bell, the Sensex was up 17 points, or 0.02 per cent, at 81,791, while the Nifty gained 17 points, or 0.07 per cent, to trade at 25,063.
“From a technical standpoint for Nifty, a sustained move above 25,150 could open the door for an upside toward 25,200–25,250,” analysts said.
“On the downside, immediate support is placed around 24,950–24,900, which may serve as potential accumulation zones for long positions,” they added.
“Overall, the index is expected to remain range-bound between 24,900 and 25,200 in the near term,” experts mentioned.