Stock market today: Indian benchmarks opened in red on Monday, as benchmark indices Nifty50 opened below 25,700 and Sensex was down over 300 points. NSE benchmark Nifty50 was trading at 25,600, down 82 points or 0.32% at 9:20 AM. Sensex also plunged 307 points or 0.37%, to trade at 83,269.The benchmark indices extended their decline for a fifth consecutive session as concerns over global trade and political uncertainty in Washington continued to weigh down investor sentiment. An early attempt at a rebound soon faded, with both benchmarks slipping into negative territory within minutes as selling pressure resurfaced.Meanwhile, Asian equities moved higher, with markets in Hong Kong, Shanghai, Seoul and Taipei gaining after Wall Street closed at a record high on Friday. Stock markets across Bangkok, Manila, Singapore, Kuala Lumpur and Jakarta also registered early gains. The rally built on a strong start to the year for global stocks, with benchmarks in Frankfurt, London, Paris and Seoul reaching record highs last week, supported by optimism around the technology sector and rising defence shares. Oil prices eased slightly but remained largely stable following a rally last week. Continued protests in Iran kept geopolitical risks elevated, while concerns over a potential supply glut persisted after the US seized shipments of Venezuelan crude.(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)
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