Indian equity markets opened on a cautious note today as investors kept a close watch on the performance of IT stocks. The Sensex and Nifty showed muted movement in early trade, with technology shares once again facing selling pressure.
IT stocks have been under strain in recent sessions due to concerns over global economic growth and uncertainty around demand from key overseas markets, especially the US and Europe. Rising automation, increased use of AI tools, and cautious client spending have added to investor nervousness.
Market participants are also tracking global cues, including movements in US markets and bond yields. Weak signals from international tech stocks overnight have further weighed on sentiment in domestic IT counters.
Experts believe that while short-term volatility may continue, broader market trends will depend on upcoming global economic data, corporate earnings guidance, and cues from central banks. Any sharp recovery in IT stocks may remain limited unless there is clear improvement in global demand outlook.
For now, analysts advise investors to stay selective, focus on fundamentally strong companies, and avoid aggressive positions amid ongoing market uncertainty.
