The Indian equity market benchmarks, Sensex and Nifty 50, are poised for a cautious start on Monday, tracking mixed global market cues. While most Asian markets traded higher, Wall Street closed with a mixed performance, led by a Nasdaq rally on Friday.
This week, investors will closely watch key market triggers, including Donald Trump’s tariff decisions, the Rupee-dollar exchange rate, foreign fund flows, and macroeconomic data from both domestic and global fronts.
On Friday, Indian markets extended their losing streak to eight consecutive sessions—the longest in two years. The Sensex declined 199.76 points (0.26%) to 75,939.21, while the Nifty 50 slipped 102.15 points (0.44%) to 22,929.25.
“Benchmarks slipped below crucial psychological levels of 76,000 and 23,000 in a volatile session as investors, lacking positive triggers, continued profit booking in frontline and sectoral stocks,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. He added that foreign fund outflows and a weakening rupee against the dollar have further dampened investor sentiment.
