Sensex and Nifty 50 are expected to start the day in the red as Gift Nifty signals a weak opening. Mixed global cues, investor caution, and focus on earnings could keep volatility high.
Indian equity markets are expected to witness a cautious start today, with investors tracking weak overnight global cues and subdued Gift Nifty trends. Market sentiment remains mixed as traders assess corporate earnings, foreign investor activity, and concerns over interest rate outlooks.
The Sensex and Nifty 50 may open under pressure, with banking, IT, and metal stocks likely to remain in focus. Profit booking after recent gains could add to early volatility, while selective buying in defensive sectors may provide support.
Investors will also monitor crude oil prices, rupee movement, and institutional fund flows for direction during the session. Analysts expect range-bound trade with stock-specific action dominating the market.