Mumbai, Feb. 11 -- The domestic equity markets entered a consolidation phase on Wednesday after the recent rally driven by the India-US deal, with indices opening flat but registering modest gains amid returning foreign inflows.

The Nifty 50 index opened at 25,997.45, gaining 62.30 points or 0.24 per cent. The BSE Sensex began the session at 84,339.15, up by 65.23 points or 0.08 per cent.

Market experts said the broader trend remains supportive despite the range-bound movement.

Ajay Bagga, Banking and Market Expert, told ANI, "Expect consolidation. The softening of US yields (4.14 per cent) is a gift for EMs like India, as it eases pressure on the Rupee (currently near 90.58). However, the "AI threat" narrative in global financials cou...