Indian benchmark indices BSE Sensex and Nifty 50 traded cautiously as investors monitored ongoing geopolitical tensions and fluctuations in global crude oil prices. Banking and infrastructure stocks showed resilience, while IT and metal counters witnessed mixed movement.
Market participants remained concerned about inflationary pressure due to rising energy costs and uncertainty in global trade routes. Domestic institutional investors provided some support, though foreign investors continued selective selling in volatile sectors.
Analysts believe Indian equities could remain range-bound in the near term as geopolitical developments and global commodity prices continue influencing overall market direction.
Leave A Comment