Mumbai, Dec. 15 -- Domestic equity markets opened lower on Monday amid cautious global cues, continued foreign investor selling and uncertainty around key global central bank actions, as investors remained in a wait-and-watch mode for positive triggers such as a favourable US-India trade deal.
The Nifty 50 index opened at 25,956.50, slipping by 90.00 points or 0.35 per cent, while the BSE Sensex started the session at 85,034.92, declining by 232.74 points or 0.27 per cent.
Market experts said the weak opening was driven by a combination of global market pressure, lack of fresh domestic catalysts and continued concerns over foreign portfolio investor (FPI) outflows and currency movement.
Ajay Bagga, Banking and Market Expert, told ANI t...
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