Stock Market Opens in the Red
What Happened
Indian benchmark indices opened in the red on Tuesday as weak global cues, rising crude oil prices, and concerns over fresh U.S. sanctions on Iran weighed on investor sentiment. The Sensex fell 73.62 points to open at 77,295.49, while the Nifty slipped 43.3 points to 24,175.75, with broader markets also trading lower in early deals.
Key Takeaways
Markets remain cautious amid geopolitical tensions and elevated oil prices, though continued domestic and foreign institutional buying could help limit downside volatility.