Mumbai, Jan. 29 -- The share market in the country opened flat on Tuesday as investors remained in a wait-and-watch mode ahead of the upcoming Union Budget this weekend, with market volatility showing signs of cooling.

The benchmark Nifty 50 index opened at 25,345, registering a marginal gain of 2.25 points or 0.01 per cent. Meanwhile, the BSE Sensex opened at 82,368.96, up by 24.28 points or 0.03 per cent.

Market participants appeared cautious as they positioned themselves ahead of the Budget announcement, while indicators suggested a stable but guarded sentiment.

Ajay Bagga, Banking and Market Expert, told ANI, "Volatility is cooling as the India VIX settled near 13.5-14, and the Nifty PCR (Put-Call Ratio) stands at a balanced 0.70, ...