Sensex today | Stock Market Live Updates: Sensex down about 100 pts to 80,886.75; Nifty down 30 pts; SBI, HDFC top gainers

Concept of global financial crisis. Blurry planet hologram with double exposure of falling digital graphs. 3d rendering toned image | Photo Credit: ismagilov

Domestic markets are likely to open on a flat to positive note on Monday amid mixed global cues. Participation is likely to be a low-key affair amid festive holiday season, as the market remains closed on Tuesday.

Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services, said: “After two years of stagnation, the market has the potential to give investors bumper returns by next Diwali, because of a confluence of low valuation and high earnings growth. Potential crash in oil prices, stable currency, return of foreign investors, moderation of AI hype and broad-based earnings growth will support higher valuation multiples.”

Broader market resilience remains an important positive, while relatively stable crude oil prices, a firming rupee and the resumption of foreign portfolio inflows continue to underpin domestic market sentiment. WTI crude is hovering around $90 per barrel, easing concerns over sustained energy cost pressures that had intensified when prices breached the $110 mark.

On the geopolitical front, US President Donald Trump has indicated that renewed military strikes against Iran are highly unlikely if ongoing negotiations make progress. However, he has maintained that military action remains an option if talks fail to deliver an agreement, keeping geopolitical uncertainty in focus. Despite these concerns, oil prices have remained relatively stable, with diplomatic developments continuing to influence energy-market sentiment.

Asian markets are trading on a mixed note, with Japan’s Nikkei 225 gaining over 1 per cent, while South Korea’s KOSPI is trading lower by more than 0.50 per cent, reflecting continued uncertainty across global markets.

Indian government bonds may rally further as oil, yields support sentiment ahead of inflation data in India and the US.

Rupee data and AI jitters weigh on rally as inflows, oil, and Fed expectations shape next open.

Finolex Cables: Net profit up 67.5% at ₹273 crore vs ₹163 crore, revenue at ₹2,269 crore vs ₹1,376 crore (year-on-year). (Positive)

Shyam Metalics: Stainless steel volume up 20.4%, realisation up 42.09% y-o-y. (Positive)

Gland Pharma: Revenue at ₹1,834 crore vs ₹1,487 crore, EBITDA at ₹484 crore vs ₹314 crore y-o-y. (Positive)

Banco: Revenue at ₹1,265 crore vs ₹1,038 crore, EBITDA at ₹263 crore vs ₹149 crore y-o-y. (Positive)