
📉 Sensex & Nifty Slip After Positive Start | IT & Auto Lead Early Gains | GDP Growth at 6.2% Supports Sentiment
Indian benchmark indices, Sensex and Nifty, opened higher on Monday, tracking positive cues from Asian markets. IT and auto stocks led the early gains, while investor sentiment received a boost from India’s 6.2% GDP growth in Q3, driven by government and consumer spending. However, markets soon turned volatile, erasing early gains.
🔹 Top Gainers & Losers:
✅ Gainers: UltraTech Cement, M&M, L&T, Infosys, Tech Mahindra, and Power Grid saw 1-2% gains at the open.
❌ Losers: IndusInd Bank, Axis Bank, Bajaj Finserv, Bajaj Finance, and HUL slipped into the red.
Market participants remain cautious as global uncertainties and domestic factors continue to influence trading sentiment. 📊