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Nifty in red, Sensex loses 330 pts in opening amid valuation concerns of Indian markets

MUMBAI: Indian stock markets opened flat on Monday as valuation concerns emerged alongside weak earnings in the first quarter of the current financial year.

The Nifty 50 index opened at 25,123.65, declining by 26.20 points or 0.10 per cent, while the BSE Sensex opened at 82,392.04, down by 108.43 points or 0.13 per cent.

Experts attribute the cautious start to a mix of high valuations, weak corporate results, and global uncertainties.

 

 

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