Indian stock markets are expected to remain sensitive to the market triggers such as corporate earnings, key macroeconomic data, including CPI and WPI inflation, and foreign fund outflows amid the ongoing corrective phase, according to the market experts.
Indian stock markets closed in the negative territory on Thursday with the Sensex and Nifty, both ending the day lower, as concerns over currency weakness and muted earnings expectations weighed on investor sentiment.
Indian stock markets opened on a lower note on Thursday amid the mixed global cues. On the opening, the BSE Sensex was down 214.33 points or 0.27 per cent at 77,934.16, and the Nifty was down 55.25 points or 0.23 per cent, opening at 23,633.70.
Indian stock markets opened almost flat, starting the fresh week in green with a marginally higher opening; however, the outlook is still under pressure.