Markets open higher but Nifty, Sensex turn flat; Midcap Nifty down 0.87% in early trade

Indian stock markets opened on a positive note but turned flat as key indices lost early gains. Meanwhile, the midcap segment is under pressure, trading significantly lower.

The Sensex is at 76,117.14, down 21.83 points (-0.03%), after touching a high of 76,483.06 and a low of 76,110.87.

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The Nifty 50 is trading at 23,016.95, declining 14.45 points (-0.06%), with an intraday high of 23,133.70 and a low of 23,007.20.

Bank Nifty is also down 17.95 points (-0.04%) at 49,341.90, after hitting a high of 49,592.95 and a low of 49,322.45.

The Midcap Nifty is seeing a sharper decline, falling 98.45 points (-0.87%) to 11,261.45, compared to a high of 11,428.65 and a low of 11,253.80.

The market remains range-bound in early trade, with profit booking and sectoral shifts affecting broader indices. Investors are closely watching for global cues and stock-specific actions to determine further market direction.

Disclaimer: This market update is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult a professional before making investment decisions.