The market experienced a highly speculative movement today, following the Middle East crisis, as it nearly reached a new six-month high around the 25,300 level.

Infosys, HCL Technologies, TCS and Wipro shares were trading lower on Monday as Accenture declined 11 percent in New York on Friday.

Tata Motors Share price was trading one percent lower during early trades on Monday.

Reliance Industries stock jumped 2 percent on Friday on renewed buying interest and overall improvement in market sentiment. The stock is currently looking bullish on technical charts.

Motilal Oswal Financial Services has issued a resolute BUY call on Larsen & Toubro (L&T), setting a target price of Rs 4,100, which implies a 13% upside from current levels.

Indian markets are expected to open flat as Gift Nifty was trading slightly lower this morning. Markets are still waiting for clarity on the situation in the Middle East.