Sensex, Nifty Flat After Sharp Sell-Off; Metals Gain, Oil & Gas Lag Amid Geopolitical Tensions

• Indian equity benchmarks Sensex and Nifty opened flat on Monday after last week's sharp sell-off, showing cautious sentiment.
• Market sentiment remains wary due to elevated crude oil prices, persistent FII selling, and ongoing geopolitical tensions in the Middle East.
• Last week, Sensex plunged 1,470 points and Nifty dropped 488 points, driven by rising geopolitical tensions and higher crude oil prices.
• Metal stocks, including Grasim, JSW Steel, Tata Steel, and Hindalco, led early gains, while oil & gas stocks lagged.
• VK Vijayakumar of Geojit Investments noted that high crude prices and sustained FII selling contribute to market weakness, urging investor caution.