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The NSE Nifty 50 index opened at 24,691.95, registering a gain of 57.05 points or 0.23 per cent, while the BSE Sensex began the day at 80,510.39, rising by 145.45 points or 0.18 per cent.
Despite the positive opening, experts noted that market sentiment continues to remain cautious due to global uncertainties and sectoral headwinds.
Vinod Nair, Head of Research at Geojit Investments, said the domestic market had ended a volatile session on a flat note on Monday, reflecting cautious investor behaviour ahead of a holiday-led truncated week and continued FII selling.
He added, “Lack of clarity in the US-India trade deal and prolonging pressure on IT & pharma indices are near-term concerns for the market. Investors await the RBI policy outcome this week; the central bank is ex