N@N

Market opens flat amid global economic tensions and mixed signals

The Indian stock market opened flat on Monday, reflecting global economic tensions and mixed signals from international markets. Investors are grappling with concerns over potential interest rate hikes by the U.S. Federal Reserve, ongoing geopolitical issues, and fluctuating commodity prices, particularly oil. Despite these challenges, there are pockets of optimism due to robust domestic economic indicators and positive earnings from some sectors. The Sensex and Nifty indices showed minimal movement at the opening bell, with sectors like IT and pharmaceuticals experiencing slight gains, while banking and finance stocks saw some profit booking. Market analysts suggest that while short-term volatility is expected, the long-term outlook remains cautiously optimistic, underpinned by India's strong economic fundamentals.

Read the Full Business Line Article at [ https://www.thehindubusinessline.com/markets/market-opens-flat-amid-global-economic-tensions-and-mixed-signals/article68917269.ece ]