Stock markets are in consolidation phase after shift in foreign inflows; Nifty, Sensex open flat

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According to media source,ndian stock market indices Nifty and Sensex opened flat on Tuesday as the markets entered a consolidation phase after foreign investors turned towards other Asian markets like China and Hong Kong.The Nifty 50 index opened with a marginal dip of 22.40 points or 0.09 percent at 25,788 points, while the BSE Sensex opened at 84,257 with a decline of 42 points or 0.05 percent.

As per media reports, In the sectoral indices, except Nifty FMCG, Nifty Metal, Nifty Media, and Nifty Pharma, other sectoral indices opened with gains.
The top gainers on the Nifty 50 list include Tech Mahindra, Wipro, and Infosys, while the top losers include Asian Paints, JSW Steel, Hindalco, and Tata Steel. The metal sector’s shares are seeing profits after a rally last week.

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