Indian shares set for flat open amid Middle East tensions
The Nifty 50 is expected to open near Tuesday's close as uncertainty over U.S.-Iran relations and rising Brent crude prices weigh on investor sentiment. While domestic institutional buying provides a buffer, persistent foreign outflows and weakness in global IT stocks continue to pressure the market.
Xurve View
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Xurve View
India equity benchmarks are set for a flat opening June 3 as geopolitical friction in the Middle East curbs investor appetite. The Nifty 50 is positioned to open near its previous close of 23,483.55, according to GIFT Nifty futures trading at 23,474 in the early morning. Rising energy costs and persistent foreign capital outflows are offsetting strong domestic liquidity support.
