Market Rally Attempt Fails as Geopolitical Fears Trigger Broad-Based Selling

Indian benchmark indices opened with a sharp gap-down on Monday, tracking weakness in global markets. The Sensex plunged as much as 924 points in early trade and, despite recovering nearly 615 points from the day's low, failed to sustain the rebound, highlighting persistent selling pressure. Escalating tensions in West Asia appear to be the primary trigger behind the risk-off sentiment, while weakness in US equities following strong jobs data and renewed rate-hike concerns added to investor caution. Sectorally, Realty was the worst performer, declining 2.56%, followed by Metal and Auto indices, which fell over 2%. Among Sensex stocks, $ETERNAL emerged as the top loser, shedding over 3%, while $M&M dropped 2.34%. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.