Indian benchmarks set for flat open as oil prices stay high

Indian benchmarks expect a flat open Tuesday as high crude prices and regional conflict drive volatility. Foreign investors sold shares for a twelfth session.

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Insights:

Equity markets in India are expected to start the trading session on a flat note this Tuesday. Volatility is anticipated to remain high as market participants track the ripple effects of elevated energy prices and the ongoing conflict in the Middle East. GIFT Nifty futures were recently trading at 23,450, suggesting the Nifty 50 will open close to its previous finish of 23,408.8.

A bird flies past the Bombay Stock Exchange building in Mumbai, India, during a trading day in April 2025. REUTERS/Francis Mascarenhas
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