Sensex Today: Sensex and Nifty opened flat after ending Monday's session in green. International oil prices remained lower after the Federal Reserve pointed to a more patient stance on rate cuts.
Stock Market Live: Sensex and Nifty inched lower after opening 0.28% higher. The Index was trading 0.3 per cent higher above the 22,000 mark. IT stocks witnessed a weakness after the latest US retail data slashed hopes of rate cuts by the US Fed in March.
There is tremendous investor confidence among domestic investors. Even when FPIs are selling occasionally, like in October and November, domestic investors are showing confidence in the market, backed by fundamentals, said Nilesh Shah, CEO, Kotak MF.