The Nifty 50 continued its downward trend for the fourth consecutive trading session, closing 1.15% lower at 23,863 points. Similarly, the Sensex ended the day in the red, shedding 1.01% to finish at 78,

Stock Market Today: 46 out of the 50 constituent stocks ended in the red, dragged down by Britannia, BEL, NTPC, Asian Paints, and HDFC Bank

Indian stock markets opened higher on Monday, driven by gains in Tata Motors and Asian Paints, but traded with caution ahead of key corporate earnings reports. Despite the initial surge, technical indicators suggest continued market volatility and consolidation in the near term.

Indian blue-chip indices, the Sensex and Nifty50, opened lower for the third straight session on Monday, as concerns over weak earnings and persistent foreign outflows continued to weigh on domestic equities.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,130 level, a discount of nearly 90 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 24,148.20, while Sensex ended at 79,486.32. Bitcoin surged past $81,000 for the first time ever,