Business · India Bureau
Nifty poised for weak start as Asian markets slip, oil eases
Indian equities set to open lower as GIFT Nifty signals weakness, joining broader Asian selloff; energy prices ease
LSN India ·

The GIFT Nifty futures were indicating a negative opening for the Nifty50 index, suggesting Indian equities may struggle at the start of Thursday's trading session. The weakness in early signals reflected a broader downturn across Asian markets, where most regional indices were trading with marginal losses during morning hours. The selling pressure in Asia comes as investors remain cautious about global economic headwinds and monetary policy trajectories. Energy markets also showed signs of softening, with Brent crude trading below the $100 per barrel level, a development that could ease inflationary pressures but may weigh on oil-linked stocks and the broader market sentiment. Market participants will be watching for any fresh economic data and corporate earnings announcements that could influence trading direction throughout the day.