Indian stock markets may start the week on a cautious note as weak global cues, foreign investor selling, rising US bond yields and ongoing geopolitical tensions continue to pressure sentiment. With Gift Nifty indicating a sharp gap-down opening, traders will closely watch whether the benchmark index can defend the critical 23,150 support zone on June 8.
Indian stock markets traded firmly higher on Friday after the Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 5.25 percent and retained its neutral policy stance. The move, which was largely in line with market expectations, boosted investor confidence and sparked buying across banking, financial, realty, and media stocks.
