Indian benchmark indices opened higher on Monday as investors bought blue-chip stocks, although geopolitical tensions and elevated crude oil prices continued to weigh on market sentiment.
MUMBAI, India — Indian Stock Market : Benchmark equity indices Sensex and Nifty gained in early trade on Monday, supported by buying in major blue-chip stocks including HDFC Bank and Infosys amid positive global cues. However, concerns over geopolitical tensions and higher crude oil prices continued to limit risk appetite.
Key Highlights
- BSE Sensex gained 202.42 points to trade at 77,744.15 in early deals.
- NSE Nifty advanced 55.35 points to 24,309.
- Infosys, HCL Tech, Tata Steel, Tech Mahindra, TCS and HDFC Bank were among the major gainers.
- Foreign Institutional Investors sold equities worth Rs 542.71 crore on Friday, according to exchange data.
Stock Markets Rise on Blue-Chip Buying
The Indian stock market started the week on a positive note, with investors showing interest in leading large-cap companies. The gains came after both benchmark indices ended almost flat in the previous session.
The 30-share BSE Sensex climbed 202.42 points to 77,744.15 during early trading. The 50-share NSE Nifty rose 55.35 points to 24,309.
Infosys, HDFC Bank Among Major Gainers
Buying interest was visible across several major Sensex constituents. Infosys, HCL Tech, Tata Steel, Tech Mahindra, Tata Consultancy Services and HDFC Bank were among the stocks supporting the broader market.
On the other side, Asian Paints, Titan, Power Grid and Bharat Electronics were among the laggards in early trade.
Crude Oil Prices Remain a Market Concern
Brent crude, the global oil benchmark, was trading 1.32 per cent lower at USD 93.14 per barrel. Despite the decline, elevated oil prices remained a concern for investors tracking the impact of energy costs on the market.
Ponmudi R, CEO of Enrich Money, said Middle East tensions continued to influence the broader market mood. He pointed to the prolonged US-Iran standoff and its potential implications for energy prices as a key source of uncertainty for Indian investors.
Asian Markets Trade Lower
Indian equities were moving against a weaker trend across several Asian markets. South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were trading lower.
US markets, meanwhile, ended higher on Friday, providing a positive global cue for Indian equities at the start of Monday’s session.
FII Selling Remains in Focus
Foreign institutional investor activity remained another important factor for the domestic market. Exchange data showed that FIIs sold equities worth Rs 542.71 crore on Friday.
Domestic investors were also entering Monday’s session after a largely unchanged finish in the previous trading session. The Sensex ended Friday at 77,540.83, gaining just 3.11 points.
Sensex and Nifty Performance on Friday
The Nifty closed at 24,252 on Friday, rising 20.15 points or 0.08 per cent. Both benchmarks therefore entered Monday with limited movement from the previous close before the early-session buying lifted them higher.
Frequently Asked Questions
Why are Indian stock markets rising on Monday?
Benchmark indices gained in early trade due to buying in blue-chip stocks such as HDFC Bank and Infosys, supported by positive global cues.
Where was the Sensex trading in early trade?
The Sensex climbed 202.42 points to 77,744.15 in early trade on Monday.
What is affecting investor sentiment?
Persistent geopolitical tensions and elevated crude oil prices are continuing to weigh on risk appetite, while the US-Iran standoff remains a key source of uncertainty.
Market direction will continue to be influenced by movements in global equities, crude oil prices, geopolitical developments and institutional investor activity.
Disclaimer: This article is for informational purposes only and should not be considered investment, financial or trading advice. Investors should conduct their own research and consult a qualified financial adviser before making investment decisions.
Praveen Yadav is the Founder and Editor at The Nation Bulletin. With over 3 years of experience in digital journalism and news reporting, he covers national affairs, governance, and breaking current events with a commitment to factual accuracy and verified reporting.
