Today Indian equity benchmarks opened in the red, following weak signals from global markets. Both the Nifty 50 and the BSE Sensex slipped in early trade, mirroring a cautious investor sentiment across major economies.
The Sensex dropped over 640 points at the open, while the Nifty slipped below the 23000 mark, dragged down by losses in IT, Pharma, and metal stocks. Early selling pressure reflected concerns around a potential slowdown in global growth, geopolitical tensions, and renewed fears of trade war escalation. following recent economic data.
Markets in the U.S. closed lower overnight, with the Dow Jones, S&P 500, and Nasdaq all posting losses amid hawkish commentary from Federal Reserve officials. Asian markets also traded mixed to lower, adding to the bearish tone.
Back home, heavyweight stocks such as Infosys, HDFC Bank, and Reliance Industries contributed to the early decline. Investors are now eyeing upcoming corporate earnings, inflation data, and central bank updates for cues on market direction.
Analysts say volatility is likely to persist in the short term, with global sentiment playing a key role in shaping domestic market movements
