Stock Market LIVE Updates, Sensex Today: Sensex, Nifty Trade Flat, Asian Markets Decline

Indian equity benchmarks opened flat on Thursday, with the Sensex gaining 70 points and the Nifty up 30 points at the open. The rupee opened 14 paise weaker against the US dollar at 95.25, compared to Wednesday's close of 95.11 a dollar. The Nifty 50 extended its losing streak to three sessions, falling 203.60 points, or 0.86%, to 23,431.50, amid escalating US-Iran tensions and surging oil prices. The Dow, S&P 500, and Nasdaq fell 0.77%, 0.48%, and 0.64%, respectively, as inflation concerns revived ahead of Friday's US CPI data. Global markets remained cautious, with Asian markets trading lower due to elevated crude prices weighing on risk appetite. Gold remained firm near $4,400 an ounce on safe-haven demand, while Brent above $101 a barrel remains a significant inflationary headwind for India. Traders should remain cautious, with volatility likely to stay elevated, as the Nifty is likely to open on a soft-to-negative note. The immediate support is placed near 23,350, and a decisive break below this level could extend the decline towards 23,150. A moderation in crude prices or easing of geopolitical tensions could trigger a relief rebound.