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Indian stocks expected to open muted, with oil and geopolitics in focus

GIFT Nifty was quoted around 23,161.5, down nearly 25.2 points from the previous Nifty futures close.

Reported · Written up by our desk · Emerging Markets

Indian stock market investors are expected to start the week, Monday, 28 September, on a cautious note, with GIFT Nifty signaling a muted open for the benchmark indices, according to LiveMint Markets.

GIFT Nifty was trading around 23,161.50, down nearly 25.20 points from the previous close of Nifty futures, pointing to a flat-to-negative opening for domestic markets.

The outlook cited renewed geopolitical uncertainty and a rebound in crude oil prices as factors weighing on sentiment, after the report said U.S. President Donald Trump rejected Iran’s proposal related to reopening the Strait of Hormuz.

The day’s watchlist includes SAIL, Power Grid, KPI Green Energy, Godrej Properties, and Zydus Lifesciences, with the report pointing to corporate developments such as order wins, fundraising plans, and expansion announcements.

Latest closeWTI crude $92.44 ▼2.3%

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