Sensex Starts Week Slightly Lower

India’s BSE Sensex edged down about 0.2% to 76,350 at the open on Monday, reversing gains from the previous session, weighed by weakness in the technology sector. Indian shares also came under pressure as investors assessed the prospect of higher US interest rates following stronger-than-expected US labour-market data, while Brent crude near $97 a barrel raised concerns over India’s import bill and inflation. Investors were also watching changes to pre-open session rules, which could increase volatility around the market open. Among individual stocks, Tata Consultancy Services shares fell 0.8% and remained in focus after the IT major announced plans to invest 700 billion rupees in an AI data-centre campus in Telangana, underscoring continued investment in AI infrastructure despite near-term concerns over US demand. Other notable laggards included Jindal Worldwide (-5.8%), New India Assurance (-1.5%), Infosys (-2.5%), Steel Authority of India (-3.2%), and HDFC Bank (-0.3%).





