
Indian stock markets are expected to open on a negative note on Monday, with GIFT Nifty trading near 23,321 following a six-week weekly losing streak for the Nifty 50.
The benchmark Sensex fell 0.65 percent to close at 74,294.46 in the previous truncated week, while the Nifty declined 0.22 percent to settle at 23,346.40.
Elevated crude oil prices and global bond yields continue to weigh on investor sentiment and near-term market outlooks.