Indian Shares Set for Lower Open Amid Middle East Conflict
Indian shares are set to open lower as Middle East tensions push oil prices to 14-month highs. Rising crude costs and shipping disruptions weigh on sentiment.
Xurve View
Insights:
Xurve View
Equity benchmarks in India are expected to open significantly lower on Monday as escalating conflict in the Middle East dampens global risk appetite and drives energy prices higher. Gift Nifty futures were trading at 24,132 points early in the session, suggesting the Nifty 50 will start well below its previous close of 25,178.65.
