Indian stock markets experienced a downturn on Monday. Geopolitical tensions between Russia and Ukraine impacted market sentiment. Nifty recovered slightly to close near flat. Analysts anticipate continued market consolidation. Strong domestic economic factors and potential RBI rate cuts may limit further declines. Rupee strengthened against the US dollar. FIIs were net sellers, while DIIs were net buyers.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets