Indian equity markets are expected to start the week on a cautious and range-bound note, as rising geopolitical tensions continue to weigh on investor sentiment. Concerns around potential disruptions in crude oil supply due to escalating Middle East tensions have increased uncertainty across global financial markets.

Benchmark indices Sensex and Nifty continue to face sustained selling pressure as weak global cues and cautious institutional flows weigh on market sentiment. Over the past few sessions, both indices have struggled to maintain upward momentum, reflecting uncertainty among investors.

Gold prices witnessed a notable decline at the start of the week, reflecting a shift in global investor sentiment. A stronger US dollar and profit booking after recent highs contributed to the fall in prices across international and domestic markets.

Silver prices declined in line with gold, reflecting broader weakness in the precious metals segment. The metal faced pressure due to global uncertainty, currency strength, and subdued industrial demand outlook.

India’s gold imports have surged significantly in the current financial year, driven by strong consumer demand and festive buying trends. The increase in imports has contributed to a widening trade deficit, raising concerns for the country’s external balance.

Escalating geopolitical tensions in the Middle East have triggered uncertainty across global financial markets, leading to heightened volatility in equities, commodities, and currencies. Investors are increasingly concerned about potential disruptions in energy supplies.