Mumbai — Indian equity benchmarks opened lower in early trade on Monday, weighed down by selling pressure in information technology stocks. Weakness in the IT sector offset gains in select other sectors, leading to a subdued start for the broader market.
The BSE Sensex slipped over 100 points in the opening session, while the NSE Nifty also traded marginally lower. Shares of major IT companies declined as investor sentiment remained cautious amid concerns over global demand and muted cues from overseas markets.
Market participants remained selective, with analysts noting that near-term movements are likely to be influenced by global trends, currency movements, and sector-specific developments. Broader market indices showed mixed trends, reflecting cautious positioning by investors at the start of the trading day.
Mumbai — Indian stock markets ne early trade mein weak opening di, jahan IT stocks mein selling pressure ke chalte overall sentiment par asar pada. IT sector ki girawat ne kuch aur sectors ke limited gains ko offset kar diya.
Opening session mein BSE Sensex 100 points se zyada phisla, jabki NSE Nifty bhi halka sa neeche trade karta dikha. Major IT companies ke shares mein girawat dekhi gayi, kyunki investors global demand concerns aur mixed international cues ko lekar cautious nazar aaye.
Market experts ka kehna hai ki short-term movement global trends, currency movement aur sector-specific developments par depend karega. Broader markets mixed trend ke saath trade karte dikhe, jo investors ke cautious approach ko reflect karta hai.