Sensex, Nifty may open flat as geopolitical tensions and US tariffs weigh
GIFT Nifty is holding above 23,300, while crude remains elevated and investors track developments affecting energy markets and foreign flows
The Indian stock markets are expected to open flat on Monday, with geopolitical tensions and US tariff threats expected to weigh on investor sentiment, according to Enrich Money CEO Ponmudi R. The Nifty futures are holding above 23,300, indicating a largely unchanged start for domestic equities as of the previous close of 23,346.
Geopolitical risks, particularly in the Middle East, continue to pose uncertainty for energy markets and global equities. The U.S. tariff measures targeting Russian oil importers also pose a risk for global trade and energy markets. The market may remain in consolidation around the opening levels, with a break below 23,300 potentially reigniting selling pressure.
Crude prices, bond yields, and banking stocks will be key factors in determining whether the recovery can gain momentum. FPIs have recently turned negative, with data showing Rs 23,676 crores in outflows via exchanges up to September 19. However, FPI investment through the primary market continues to grow, with total investment reaching Rs 48,550 crores so far in 2021.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Nifty opens flat as gainers battle geopolitical headwinds thehindubusinessline.com
