Home BUSINESS NEWS Sensex, Nifty trade lower amid weak global sentiment

Sensex, Nifty trade lower amid weak global sentiment

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The Indian stock markets started Wednesday on a weaker note, with the Sensex and Nifty indices trading in negative territory. The decline is linked to weak global sentiment, as investors remain wary of the global economic outlook. The Sensex has dropped over 200 points, while the Nifty is trading below the 18,000 mark. Major companies like HDFC Bank, Reliance Industries, and TCS have seen selling pressure. The downturn in Indian markets mirrors the trend in other Asian markets, where stocks have also opened lower. Investors are paying close attention to ongoing trade tensions between the US and China, as well as the effects of rising inflation and interest rates. The Indian markets are expected to remain volatile, with traders monitoring the rupee’s movement against the US dollar and any geopolitical updates.