BusinessPhoto: News18 BusinessGIFT Nifty Signals Cautious Start Amid Crude Oil and US Fed Concerns
GIFT Nifty opened 59 points lower at 22,674, indicating a cautious start for Dalal Street. Investors remain wary due to the US Federal Reserve holding interest rates steady at 3.75-4.00%, elevated crude oil prices near $102 per barrel, and ongoing geopolitical tensions. These factors contribute to expected volatility and range-bound trading in Indian equities. Positive Asian market cues may offer some support.
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