NEW DELHI: Domestic Stock markets opened flat on Thursday, anticipating investor sentiments to turn positive with India and the UK set to formalise the Free Trade Agreement (FTA) later in the day.

The expected optimism is supported by the recent global developments, including the US-Japan trade deal.

The Nifty 50 index opened at 25,243.30, gaining 23.40 points or 0.09 per cent, while the BSE Sensex opened at 82,789.23, marking a gain of 62.59 points or 0.08 per cent.

Experts said investors are upbeat about the India-UK FTA and the US-Japan deal that brought down tariffs. The mood is positive, and any further trade developments before August 1 could drive a market rally.