Sensex Today | Stock Market LIVE Updates: Markets open cautious; Nifty below 24,800, Hindustan Zinc drops over 6%

Indian markets opened on a cautious note, with the Nifty slipping below the 24,800 mark to open at 24,788.35, moving further away from the 25,000 milestone. The Sensex also opened lower at 81,314.62, reflecting a volatile start.

📉 Stock Highlights:

• Hindustan Zinc shares declined over 6% following a large block trade.
• BSE Ltd shares fell over 5% early in the session, later trimming losses to trade over 2% lower.

📊 Market Sentiment:

• GIFT Nifty is trading in the red, hinting at continued pressure on domestic equities.
• After Monday’s rally, the Nifty gave up some gains on Tuesday but held key support levels.

🌍 Global Focus:

• Investors are closely watching the FOMC policy decision due tonight.
• Fed Chair Jerome Powell’s comments on potential rate cuts and the inflationary impact of rising oil prices will be key triggers.

🏠 Domestic Developments:

• Vedanta is back in focus as it plans to offload part of its stake in Hindustan Zinc.
• The company’s board also meets today to consider a dividend payout.
• BSE remains in the spotlight after SEBI’s approval of revised weekly expiry days—Tuesday for NSE and Thursday for BSE.