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The Economic Times
The Economic Times
Business
Akash Podishetti

D-St set for a positive opening as GIFT Nifty signals firm start

Oil

Domestic equities ended lower on Tuesday, with the Nifty declining 0.7%. Rising crude oil prices, fresh Foreign Institutional Investor outflows and weak global markets weighed on sentiment, while the weekly derivatives expiry added to market volatility. Analysts say Indian equities are expected to trade sideways with some volatility expected in the near term amid escalating geopolitical tensions in West Asia, Brent crude prices remaining above $85/bbl and weak global cues. With the Q1 earnings season gathering pace, stock-specific action is likely to dominate, while investors will closely monitor key global macro data.

STATE OF THE MARKETS

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