Indian benchmark indices BSE Sensex and Nifty 50 witnessed a cautious trading session as investors tracked fresh geopolitical developments in the Middle East. Weak global cues and uncertainty around oil supply routes continued to impact market sentiment.
Banking and energy stocks showed selective buying, while IT and metal sectors remained under pressure due to fears of slowing global demand. Foreign institutional investors also maintained a cautious stance amid volatile international markets.
Analysts believe Indian equities may remain range-bound in the near term, with war-related developments and crude oil movements expected to influence investor confidence heavily.
Leave A Comment