Market softening amid fluctuations; Sensex falls 236 points, Nifty below 22500

New Delhi| After the big fall in the American stock market, the Indian stock market showed big fluctuations on Friday morning. On Friday, the Nifty 50 index opened at 22,508.65 points, down 36.05 points or 0.16 per cent, while the BSE Sensex started the day at 74,347.14 points, registering a slight gain of 7 points or 0.01 per cent. The Sensex was seen trading at 74,296.00, down 62.42 (0.08%) points in early trade. On the other hand, Nifty slipped 7.25 (0.03%) points to 22,537.45.

Experts believe that foreign withdrawals are unlikely to provide relief before April as investors look forward to strong corporate earnings and a meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI). Despite the flat start, market analysts suggest that concerns over global economic conditions and the impact of Trump’s tariffs are influencing market movements.

Banking and market expert Ajay Bagga told ANI that “Indian markets are affected by the continued sales of FPIs and domestic catalysts are not on the horizon till April earnings and the next RBI MPC meeting, with global cues more dominant”. The outcome of Commerce Minister Piyush Goyal’s U.S. talks will be a key driver in the coming weeks as India braces for the April 2 reciprocal tariff wave”.

Pressure shown on most regional indices
Among regional indices, most sectors except Nifty Realty and Nifty Media remained under pressure. Nifty Bank fell 0.34 per cent in the early trading session, Nifty Auto fell 0.16 per cent and Nifty IT fell 0.31 per cent. In the Nifty 50 index, 14 stocks opened in green, while 25 stocks fell.