Sensex, Nifty hold steady as strong earnings offset oil worries

On Monday, Indian stock markets witnessed a flat start, bolstered by robust first-quarter earnings. While the Sensex remained mostly unchanged, the Nifty crossed the crucial 24,580 mark. Leading the gains were Titan and ICICI Bank, whereas NTPC and Bajaj Finance showed some declines. Analysts express cautious optimism, attributing this to strong domestic demand and foreign institutional investor activity. Market trends indicate a potential consolidation within a defined trading range.