Economy
Sensex and Nifty Brace for Negative Opening Amid Regional Pressures

Sensex and Nifty Brace for Negative Opening Amid Regional Pressures

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THE BRIEF
1

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.

2

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.

3

Elevated crude oil prices and global bond yields continue to weigh on investor sentiment and near-term market outlooks.