Mumbai, May 16 -- Indian stock markets opened on a flat note on Friday, though the Nifty 50 index continued to show positive momentum.
The Nifty 50 opened at 25,064.65, registering a marginal gain of 2.55 points or 0.01 per cent. In contrast, the BSE Sensex opened lower at 82,392.63 points, declining by 138.11 points or 0.17 per cent.
Market experts noted that Indian equities are benefiting from strong inflows, and the indices are currently trading in a historical zone where momentum typically picks up again. The sentiment remains largely optimistic despite the mixed global cues.
Ajay Bagga Banking and Market Expert told ANI "Indian markets continue to benefit from a strong inflow from FPIs while DIIs remain steady buyers as well. Yest...
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