&nbsp;Indian stock markets opened flat on Wednesday as investors remained cautious amid ongoing global trade tensions and ahead of the US Federal Reserve's rate decision.
At 9:25 AM, the Nifty was up by 22 points (0.09%) at 24,843, while the Sensex rose 64 points (0.08%) to reach 81,402. Broader indices showed marginal strength, with BSE MidCap gaining 0.09% and BSE SmallCap rising 0.33%.
Automobile stocks dragged the market down, with the Nifty Auto index falling 0.54%. Sectors like realty, oil &amp; gas were also under pressure. However, media and metal stocks offered support, both gaining around 0.30%.
On the technical front, analysts noted that Nifty found support at its 100-day EMA, closing above the crucial 24,800 mark. The formation of a bullish candlestick pattern and increased volume indicate buying interest at lower levels.
"If Nifty sustains above 24,800, it could rally toward 25,000&ndash;25,200. However, a fall below 24,600 may trigger a deeper correction," said Hardik Matalia, Choice Broking.
Top performers in the Nifty pack included Larsen &amp; Toubro (+3.70%), Bharat Electronics (+1.27%), Jio Financial, Tata Steel, and Hindalco. On the downside, Tata Motors dropped 3.31%, followed by Asian Paints, Dr. Reddy&rsquo;s, Bajaj Auto, and Infosys.
Global cues were mixed. US markets ended in the red with Dow Jones down 0.46%, Nasdaq losing 0.38%, and S&amp;P 500 dropping 0.3%. Asian markets were also mixed. China gained 0.52%, South Korea&rsquo;s Kospi rose 0.83%, while Hang Seng fell 0.37%.
"The FOMC decision is unlikely to result in a rate cut today. The Fed&rsquo;s outlook commentary will be more critical," said VK Vijayakumar, Geojit Financial Services.
Meanwhile, FIIs continued their selling streak, offloading ₹4,636 crore on July 29. DIIs remained net buyers, investing ₹6,146 crore into equities.
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Markets Open Flat Amid Trade Deal Jitters

Nifty, Sensex trade sideways as investors eye Fed rate decision and global trade tensions

Markets Open Flat Amid Trade Deal Jitters

Nifty, Sensex trade sideways as investors eye Fed rate decision and global trade tensions

July 30, 2025 | 16:31 IST