Nifty slips below 26,300, Sensex down 150 poits; Nifty IT Index falls 2%, Infosys, HCL Tech, Wipro down 2% each

Indian equity indices started Monday’s trade on a subdued note, with a positive bias. The NSE Nifty 50 opened 14 points, or 0.05%, higher at 26,343. The BSE Sensex rose 26 points, or 0.03%, to open at 85,788. The Bank Nifty opened 170 points or 0.28% higher at 60,320. Similarly, the small and mid-cap stocks opened in the green. The Nifty Midcap opened 82 points or 0.13% higher at 61,448. The year 2026 has begun with major geopolitical developments that can have profound consequences. The US action in Venezuela has the potential to further destabilise global geopolitics. The Russia-Ukraine conflict…