The Indian stock market on Tuesday opened flat amid mixed global cues over fears that Israeli Prime Minister Benjamin Netanyahu may convince Donald Trump to begin a full-fledged military operation against Iran.
The BSE Sensex dropped 0.5 per cent to start the session at 76,831.75, while the NSE Nifty dropped 24 points to open below the 23,971.25 level.
In the previous trading session, the Sensex had closed at 76,835.78 and the Nifty 50 at 23,995.95. Meanwhile, the broader indices traded in green in the early trade.
The BSE Midcap Select Index was up by 20.74 points, while the BSE Smallcap Select Index dropped 0.01 points to trade in the red at 8,734.76.
Among the top gainers on the Sensex were TCS, Infosys, Tech Mahindra, HCL Tech and Hindustan Unilever.
BEL, Power Grid, NTPC, Reliance and SBIN were among the losers, with BEL the top loser, falling over 3.13 per cent.
According to market analysts, 1,037 stocks advanced while 1,202 declined, and more than 132 stocks remained unchanged.
The fall in crude prices and the peace between the United States and Iran had boosted investor confidence on Monday, but Netanyahu's ongoing visit has cast doubt over long-term stability in prices and in the region more broadly.
"With concerns over global AI trade weighing on risk appetite, domestic markets are expected to adopt a cautious stance despite the relief from softer crude prices," said Sachin Gupta, VP— Research, Technical Research, at Choice Broking Private Limited.
Gift Nifty, an early indicator for the Nifty 50, signalled a cautious start on Tuesday, opening with a drop of 56.5 points at 23,985.50, compared with the previous close of 24,042.
What's more worrying is that Foreign Institutional Investors (FIIs) remained net sellers, offloading equities worth ₹1,688.23 crore on July 24, 2026. However, domestic investors continued to buy, purchasing equities worth ₹2,329.14 crore and supporting the market.
Also read: Rupee extends gains for second day amid reduced crude prices
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