Mumbai (Maharashtra) [India], Stock markets opened on a flat note in negative territory on Monday, with both Sensex and Nifty witnessing substantial losses for the second consecutive session. Sensex opened 521.65 points lower at 72878.13, while Nifty opened 134.15 points lower at 22138.35. Of the Nifty companies, 13 posted record gains, while 37 suffered losses in early trade. Nifty gainers included Nestle India, Bharti Airtel, Titan, Aich Motors and SBI Life, while LTI Mindtree, TCS, Infosys, NTPC and Bajaj Finance gained. were among the top losers Negative sentiment prevailing in global markets due to rising tensions in the Middle East weighed heavily on Indian benchmark indices Technically, Nifty formed a negative candle on the daily chart with a gap-down opening, indicating a potential Gives short-term signals.Reversal in market trend However, the larger pattern of higher tops and bottoms remains intact on the weekly charts, with the index currently approaching the weekly 10-period exponential moving average (EMA) around the 22,200 level, a historically supportive level. Varun Agarwal, Founder and Managing Director, Profit Idea, said, “In broader Asian markets, stocks fell and currencies weakened against the dollar after mixed economic data from China. Despite growth exceeding expectations, retail sales and industrial production figures fell. In short, investors' concerns have increased. The offshore yuan also faced falling pressure amid a strengthening dollar and cautious sentiment. Meanwhile, Treasuries steadied after bond yields rose and US retail sales data came in stronger than expected.Oil prices rose as tensions rose in the Middle East, with Israel vowing not to respond to Iran's attack. Volatility increased in US equities, with major indexes falling to multi-month lows, with Treasury yields rising on strong retail sales and banking activity in the bond market. Overall, uncertainty remains in global markets, driven by geopolitical tensions and economic data releases that underline this. The importance of risk management and caution for investors investing in turbulent waters.