GIFT Nifty Down 88 Points; Asian Markets Rise As Oil Prices Ease
Business Standard Markets · stocks
Indian markets are set for a negative opening, with GIFT Nifty futures indicating a drop of 88.5 points. This comes as most Asian markets traded higher, buoyed by a slight easing in oil prices below $115 per barrel. Major companies like Maruti Suzuki, Tata Steel, and SBI Life Insurance are scheduled to announce their Q2 earnings today. Additionally, two new IPOs, SFC Environmental Technologies and BLS Polymers, are opening for subscription. Gold and silver futures also saw minor declines.