Indian shares set for tepid open as US-Iran stalemate lifts oil prices
GIFT Nifty futures pointed to a muted start after seven straight sessions of losses for the Nifty 50 and Sensex. Brent crude rose 1.5% to about $106 per barrel.
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GIFT Nifty futures pointed to a muted start after seven straight sessions of losses for the Nifty 50 and Sensex. Brent crude rose 1.5% to about $106 per barrel.
Indian shares were set for a subdued open on Monday, with investors remaining cautious after the benchmark indexes' longest weekly losing streak since 2020 as oil prices rose following a stalemate in US-Iran peace talks.US President Donald Trump said he has rejected an Iranian proposal to reopen th…