Sensex, Nifty Open Lower as Investors Turn Cautious
What Happened
Indian benchmark indices started Monday on a weak note, tracking cautious global markets. The Sensex opened about 134 points lower at 77,131, while the Nifty began below 24,120, pressured by renewed US-Iran tensions, rising crude oil prices, and weak Asian market cues.
Key Takeaways
Investors are closely watching India's Q1 FY27 GDP data, oil prices, foreign fund flows, and upcoming US economic data. Early trade saw broad-based weakness, with metals, IT and realty stocks under pressure, while concerns over higher energy prices kept sentiment cautious.