NSE Nifty was trading 47 points higher at 24,368.
According to analysts, the market's attention is now towards the results of the first quarter of FY 2025.
The auto index was the best performer, rising over one per cent, while IT shares slipped ahead of earnings this week.
“The market is expected to remain volatile. Maintain your position with trailing stop-loss. “Any dip will be a buying opportunity as the overall trend remains bullish,” said Mandar Bhojne of Choice Broking.
The market is likely to gain further strength this week after the unprecedented rally and improvement after the elections.
Foreign institutional investors (FIIs) bought equities worth Rs 60.98 crore on July 8, while domestic institutional investors became net buyers as they bought equities worth Rs 2,866 crore.
On Monday, benchmark indices closed flat as the stock market moved into a consolidation phase due to the absence of key triggers to support the current premium valuations in the near term, prompting investors to book some profits.
According to analysts, the market's attention is now towards the results of the first quarter of FY 2025.
The auto index was the best performer, rising over one per cent, while IT shares slipped ahead of earnings this week.
“The market is expected to remain volatile. Maintain your position with trailing stop-loss. “Any dip will be a buying opportunity as the overall trend remains bullish,” said Mandar Bhojne of Choice Broking.
The market is likely to gain further strength this week after the unprecedented rally and improvement after the elections.
Foreign institutional investors (FIIs) bought equities worth Rs 60.98 crore on July 8, while domestic institutional investors became net buyers as they bought equities worth Rs 2,866 crore.
On Monday, benchmark indices closed flat as the stock market moved into a consolidation phase due to the absence of key triggers to support the current premium valuations in the near term, prompting investors to book some profits.
