Mumbai, Apr 20 (BNP): Indian equity markets witnessed a choppy session on Monday, with early gains quickly fading as caution gripped investors.
The BSE Sensex opened on a firm note, rising over 200 points in initial trade, while the Nifty 50 also advanced, reflecting a positive start to the day.
However, the upward momentum proved short-lived. As trading progressed, both indices turned volatile and slipped into negative territory. The Sensex erased its gains to trade lower, while the Nifty also dipped, indicating a shift in market sentiment.
The volatility comes amid rising geopolitical tensions in West Asia and increasing crude oil prices, factors that tend to weigh heavily on investor confidence. Elevated oil prices can fuel inflation concerns and impact corporate profitability, prompting a more cautious approach in the markets.
Overall, the session reflected a fragile balance between optimism and uncertainty, as investors remained sensitive to global developments influencing domestic market trends.
