Indian equity markets started the new trading week on a weak note, with the Sensex falling over 250 points in early trade and the Nifty slipping below the 23,900 mark. Technology stocks were among the biggest drags, with selling pressure seen in major IT companies.
Infosys, HCL Technologies, TCS and Tech Mahindra came under pressure, reflecting concerns over global growth and the interest-rate outlook. Elevated crude oil prices and continuing geopolitical uncertainty also kept investors cautious.
Despite the weak opening, domestic institutional buying remains an important support for Indian equities. Market participants will closely watch foreign fund flows, crude prices and global developments in the coming sessions.
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