Sensex and Nifty Face Selling Pressure Amid Middle East Tensions
· Business · LiveMint, Zee News
Indian benchmark indices are expected to see a flat-to-weak opening on Monday due to escalating US-Iran tensions and rising US bond yields. Analysts anticipate selling pressure following a week where the Nifty 50 dropped 1.15% and the Sensex fell by 750 points. Market experts suggest the upcoming ₹30,000 crore NSE IPO is drawing investor interest away from the secondary market, creating a 'sell-on-rise' environment. Additionally, concerns over potential oil price hikes to $100 per barrel are fueling inflation fears. The Nifty 50 is unlikely to reach the 25,000 level in June 2026 as these factors continue to impact market sentiment.
Why it matters
Investors face potential volatility as geopolitical instability and primary market competition constrain short-term gains in the Indian stock market.
Read the original report — LiveMint
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