Gift Nifty Signals Flat Opening for Sensex, Nifty, Despite Strong Asian Markets

Gift Nifty signals flat opening for Sensex, Nifty, despite strong Asian markets

Equity markets are expected to open on a subdued note as investors remain cautious amid escalating geopolitical tensions in West Asia, elevated crude oil prices, persistent FPI selling and continued weakness in the rupee

Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 21 July

Nifty 50, Sensex prediction today: The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,147 level, a discount of nearly 112 points from the Nifty futures’ previous close.

Sensex, Nifty set to open lower on weak GIFT Nifty cues

New Delhi: Indian equity benchmarks are expected to open lower on Tuesday, with GIFT Nifty indicating a gap-down start amid elevated crude oil prices and continuing uncertainty over the US-Iran conflict. GIFT Nifty was trading at 24,107.50 at around 7.40 am, about 131 points below the Nifty 50’s Monday close of 24,238.50. The early indicator suggests that the benchmark index could begin the session below the 24,150 level. The weekly derivatives …