Indian stock markets opened on a negative note today, reflecting cautious investor sentiment. Key indices witnessed a decline at the opening bell as global uncertainties and profit-booking weighed on market sentiment.
- Sensex opened at 74,893.45, down by 417.61 points (-0.55%), indicating broad-based selling across sectors.
- Nifty dropped to 22,609.35, losing 186.55 points (-0.82%), with major heavyweights contributing to the fall.
- Bank Nifty also faced pressure, declining to 48,619.80, down by 361.40 points (-0.74%), impacted by weakness in key banking stocks.
- Midcap Nifty slipped to 11,098.95, losing 99.95 points (-0.89%), as midcap stocks faced profit-booking.
The overall market sentiment remains cautious as investors await key economic data and global market trends. Analysts suggest monitoring global cues and sector-specific developments for further market movement.
Disclaimer:
This article is for informational purposes only and should not be considered as financial advice. Investors are advised to do their own research or consult with a financial advisor before making any investment decisions.