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Opening Bell: Nifty 50, Sensex Flat in Early Trade; Cement Stocks Outperform as US-Iran Tensions Weigh on Sentiment
Dalal Street Investment Journal 8 hrs ago·21 Jul 2026, 4:04 am
Stocks Dalal Street Investment Journal
Indian equity benchmarks opened with little change on Monday, mirroring a cautious global mood. The Nifty 50 and Sensex traded flat in early sessions, indicating a pause after recent gains. Meanwhile, the domestic cement sector stood out as a key gainer, outperforming the broader market.
Investors are closely watching the situation in the Middle East, where rising tensions between the US and Iran have created uncertainty. This geopolitical risk is pressuring global risk appetite, which is likely weighing on sentiment for other sectors. The strength in cement stocks suggests that domestic demand factors may be taking precedence over these external worries for now.
Traders should monitor how global crude oil prices move in response to the escalating situation. Higher oil costs could eventually impact the broader market. For now, the flat opening points to a wait-and-watch approach from investors as they assess the immediate impact of the geopolitical developments.
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