
The Indian stock market started on a weak note, with both key benchmark indices opening lower. The Nifty 50 dropped 0.51% to 22,345.95, while the Sensex slipped 0.50%, beginning the day at 73,743.88.
The decline comes amid global market weakness, as investors remain cautious due to concerns over economic growth, inflation trends, and geopolitical tensions. IT, banking, and auto stocks were among the biggest laggards in early trade, dragging the broader indices lower.
Market experts suggest that investor sentiment remains fragile as foreign institutional investors (FIIs) continue to offload shares, and global cues indicate volatility ahead. Additionally, upcoming macroeconomic data releases and US Federal Reserve policy updates are expected to influence market movements in the coming days.
Meanwhile, sectoral indices opened in the red, reflecting broad-based selling pressure. Stocks such as Infosys, IndusInd Bank, and Tech Mahindra were among the top losers, weighing on the Nifty and Sensex.
Market participants are closely watching key support levels on the Nifty and Sensex to gauge further direction. Any breach below these levels could lead to increased selling pressure, while a rebound could indicate short-term stability.
Investors are advised to stay cautious, track global developments, and focus on fundamentally strong stocks for long-term investments. As the trading session progresses, volatility is expected to remain high, with fluctuations driven by domestic and international market trends.