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Sensex, Nifty Eye Flat Start Amid Cautious Global Cues, Easing Oil Prices
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News18•23-09-2026, 08:05
Sensex, Nifty Eye Flat Start Amid Cautious Global Cues, Easing Oil Prices
- •Indian equity markets are expected to open flat, with GIFT Nifty signaling a muted start despite positive Asian markets.
- •Crude oil prices are easing, with Brent crude below $100 and US WTI also falling, offering potential relief for India.
- •Asian equities showed largely positive trends, with South Korea's KOSPI gaining over 1% driven by AI stocks.
- •Persistent foreign-investor selling remains a key concern for Indian equities, offsetting some positive global cues.
- •Investors will monitor crude oil movements, foreign fund flows, Asian market trends, and Middle East developments for market direction.
Key Questions Answered
The domestic equity markets were likely to open on a cautious and flat note, with the GIFT Nifty signalling a muted start amid mixed global cues and easing crude oil prices.
Brent crude futures were down 0.1% at around $99.18 a barrel, while US West Texas Intermediate crude fell 0.4% to around $90.14 a barrel due to improving supply prospects from the Middle East.
Domestic equities ended lower on Tuesday, with the BSE Sensex falling 329.91 points or 0.44% to close at 74,529.08 and the Nifty 50 closing at 23,329 amid selling pressure across IT, financial, and capital goods stocks.
