Indian equity benchmarks Nifty50 and BSE Sensex opened in the green on Monday, tracking positive global cues. At 9:19 AM, Nifty50 was at 24,398.65, up 35 points or 0.15%, while BSE Sensex traded at 79,929.78, gaining 72 points or 0.09%.
Investor focus this week is on domestic CPI and WPI inflation data, alongside India–US trade negotiations, which remain key amid ongoing talks for a trade agreement.
On Friday, US markets closed higher, with the Nasdaq hitting another record high, driven by tech sector gains—particularly Apple—and optimism over potential interest rate cuts. Asian markets also saw modest gains at opening on Monday, though investors remained cautious ahead of key economic data releases and a pending decision on US tariffs for Chinese exports.
Oil prices fell in early Asian trading, extending last week’s 4% drop, pressured by increased OPEC output, higher US tariffs on trading partners, and hopes of progress in US–Russia talks on Ukraine.
Meanwhile, foreign institutional investors (FIIs) raised their net short positions in the futures market from ₹1.73 lakh crore on Thursday to ₹1.82 lakh crore on Friday.
