Indian Stock Markets Open Lower

Indian benchmark indices opened lower in today's trading session. At 9:31 AM, the Nifty was down 32 points at 24,602, while the Sensex declined 266 points to trade at 78,684. Investors remained cautious amid weak global market cues.

Global Cues Weigh on Sentiment

The US Dollar Index stood at 99.97, while Brent crude oil traded at $83.4 per barrel. The US 10 year bond yield rose to 4.68%. In the previous session, the S&P 500 slipped 0.18%, and the Nasdaq declined 0.06%, adding pressure on domestic market sentiment.