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The Economic Times
The Economic Times
Business
Akash Podishetti

D-Street braces for weak opening on negative GIFT Nifty cues

Indian benchmark indices opened on a weak-to-flat note and remained under pressure throughout the session, ultimately closing near the day's lows. Elevated Brent crude oil prices, supported by continued uncertainty around the geopolitical situation, remained a key overhang on investor sentiment and kept risk appetite subdued. Analysts say immediate bias in the index continues to remain down and only a formation of higher high and higher low on a sustained basis in the daily chart will signal a pause in the down trend.

STATE OF THE MARKETS

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