volatility.
| March 11, 2024, 3:18 a.m.
Domestic Markets Set to Open Flat on Monday Amid Global Uncertainty
Domestic markets are poised for a flat opening on Monday, with investors awaiting cues from mixed global trends. While Nifty futures at Gift City indicate a gap-up opening, most Asian equities are facing downward pressure. Analysts highlight the significance of overseas markets, particularly the behavior of foreign portfolio investors, in guiding market direction. Positive factors such as FPI inflows, regulatory announcements, and robust corporate performance in India are expected to mitigate uncertainties. However, global factors like profit-taking in US markets and scheduled macroeconomic data releases may introduce volatility in the near term.
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