Indian equity markets opened flat amid mixed global signals and easing crude oil prices. Investors remained cautious over the West Asia crisis, FII selling, and macroeconomic concerns. Defensive sectors gained traction, while analysts advised gradual accumulation of quality banking stocks during market declines
Indian benchmark indices Sensex and Nifty surged in early trade, extending the previous session’s rally amid positive global cues and a US Federal Reserve rate cut. Major gainers included L&T and Tata Steel, while several IT stocks lagged alongside mixed Asian market trends