Market Opens with Minimal Changes

Indian equity benchmark indices, BSE Sensex and Nifty50, opened flat in trade on Friday. While BSE Sensex was near 77,550, Nifty50 was around 23,580 levels. At 9:16 AM, BSE Sensex was trading at 77,546.80, down 60 points or 0.077%. Nifty50 was at 23,584.95, down 7 points or 0.030%.

Global Influences and Market Sentiments

The market's response to the revised US Q4 GDP data will be closely monitored. Market experts anticipate a period of consolidation with an optimistic outlook, whilst considering the ongoing US-India trade discussions and global market developments.

Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited said, "The market’s resilience, despite Trump’s reciprocal tariff threats, comes from the renewed buying by FIIs and the confidence this has given to the bulls. The bears are currently on the back foot and this market construct may continue unless Trump announces something very nasty."

US and Asian Market Trends

US equities finished lower on Thursday, with investors responding to President Donald Trump's new trade tariff announcement, which negatively impacted General Motors and Ford shares.

Asian equities declined on Friday, following US market trends, as worries about 'reciprocal tariffs' and expanding trade conflicts overshadowed stronger-than-expected US economic growth data.

Gold and Investment Flows

Gold reached unprecedented levels on Friday as anxieties regarding US President Donald Trump's new tariff proposals sparked concerns about international trade conflicts, prompting investors to seek refuge in the precious metal.

Foreign portfolio investors became net purchasers at Rs 2,240 crore on Thursday. Domestic institutional investors disposed of shares valued at Rs 696 crore.