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The Economic Times

Business

Kumar Gaurav

GIFT Nifty signals muted start, D-Street braces for cautious opening

Oil Rupak De United States

Indian equity benchmarks ended lower on Tuesday, August 11, with Nifty 50 slipping below the 24,500 mark, as a rebound in crude oil prices and volatility associated with the weekly F&O expiry weighed on investor sentiment.

Analysts say market momentum now shifts to the U.S. Consumer Price Index (CPI) data due on Wednesday, which is expected to provide fresh direction for global interest-rate expectations and broader market sentiment.

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