Overview
- Benchmarks opened flat to lower with Nifty near 25,550 and Sensex around 83,200 in early trade.
- IT and financial shares led declines as renewed US–Europe tariff tensions tied to Greenland pressured risk appetite.
- Foreign portfolio investors sold Rs 3,263 crore on Monday, while domestic institutions bought about Rs 4,234 crore to provide support.
- Analysts expect choppy trade until there is clarity on the tariff standoff and any Supreme Court ruling, with some recommending selective buying on dips.
- An IMF upgrade to 7.3% FY26 growth provided a macro positive as traders tracked the 25,500–26,000 Nifty range highlighted by market technicians.