Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday on weak global cues. While Nifty50 was near 26,000, BSE Sensex was down over 250 points. At 9:16 AM, Nifty50 was trading at 25,961.20, down 86 points or 0.33%. BSE Sensex was at 85,014.79, down 253 points or 0.30%.The week’s calendar includes important data releases such as India’s WPI inflation and trade balance numbers. Additionally, HSBC’s Flash Composite, Manufacturing, and Services PMI readings will be monitored for economic trends towards the year’s conclusion.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The general expectation in the market is that India’s underperformance in 2025 is likely to be compensated in 2026. India’s macros are in fine shape and policy support has been strong. The fiscal and monetary stimuli imparted to trigger consumption and investment has started yielding results. If the momentum sustains it can give the much needed boost to corporate earnings in FY27.”“A major drag on the market continues to be the elusive US-India trade deal which is impacting India’s exports to the US, widening of trade deficit and continuous depreciation in the rupee. On the global market front, a likely scenario is the weakening of the AI trade. Recent AI results in the US indicate earnings stress in some AI companies. If the AI trade weakens, that will be beneficial to India. In brief, the macro construct favours outperformance by India in the EM universe in 2026. But the high market valuations should temper expectations.”The S&P 500 and Nasdaq dropped over 1% on Friday as investors moved away from technology shares. Concerns about AI valuation sparked by Broadcom and Oracle, coupled with rising US Treasury yields following policymakers’ resistance to monetary easing, affected market sentiment.Asian equities declined early Monday as investors showed caution ahead of central bank meetings and significant data releases this week.On Friday, foreign portfolio investors offloaded shares worth Rs 1,114 crore. Domestic institutional investors, conversely, purchased shares valued at Rs 3,869 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
