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Indian benchmarks end flat as Reliance, HDFC offset weakness in earnings, trade worries

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India's benchmark indexes settled flat on Monday after eight sessions of declines, as gains in heavyweights HDFC Bank and Reliance Industries offset weakness due to muted corporate earnings and global trade uncertainty.
The article from Reuters discusses the expected performance of India's benchmark stock indexes, the Nifty 50 and the S&P BSE Sensex, which were set to open with little change on February 17, 2025. This comes after a week where the market saw significant volatility due to concerns over high valuations and potential regulatory changes. The market's cautious opening is attributed to investors awaiting key economic data releases and corporate earnings reports. Additionally, there's mention of a slight recovery in the previous session, with the Nifty 50 gaining 0.3% and the Sensex up by 0.2%. The article also notes that foreign institutional investors (FIIs) were net sellers, while domestic institutional investors (DIIs) were net buyers, reflecting mixed sentiments in the market.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/india/indias-benchmark-indexes-set-open-little-changed-2025-02-17/ ]