Stock Markets Open In Red: Sensex Drops 209 Pts, Nifty At 91

Indian benchmark equity indices opened sharply lower as weak investor sentiment weighed on the stock markets. The Sensex dropped 209.06 points to 76,547.74, while the Nifty declined 91.25 points to 23,909.11. Rising geopolitical tensions in Gulf region, crude oil prices, and cautious outlooks on IT stocks contributed to the broad-based market selloff.