Nifty 50 and Sectoral Indices Slip in Pre-Open Trade

Indian stock markets opened the day with a subdued tone as Nifty 50 and sectoral indices registered declines in pre-open trade. The Nifty 50 index was down 0.28%, while Nifty IT faced sharper pressure, falling 1.64%. Banking stocks also reflected weakness, with Nifty Bank futures down 0.21%. Meanwhile, Nifty 50 futures slipped 0.35%, signaling a cautious start for investors.

Market analysts attribute the early declines to mixed global cues, profit-booking in IT counters, and cautious positioning ahead of key domestic and international data releases. The broader sentiment remains watchful, with traders eyeing global crude prices and central bank policy signals.

Key Highlights

• Nifty 50 Index: Down 0.28% in pre-open trade
• Nifty IT Index: Down 1.64%, leading sectoral losses
• Nifty Bank Futures: Down 0.21%
• Nifty 50 Futures: Down 0.35%
• Investor Sentiment: Cautious, influenced by global cues and sectoral weakness

Source: NSE India Pre-Open Market Data; Live Market Updates