IT shares lift indices, but oil price worries cap growth
The Sensex and Nifty opened Monday's session on a high note, driven by strong performance in the IT sector. Major stocks like Infosys, HCL Technologies, and Tata Steel led the upward trend. Nevertheless, the markets surrendered most of their initial progress as investors grew cautious over climbing crude oil costs and geopolitical tensions in West Asia, alongside the potential for new US sanctions on Iran.