Breaking
Detained CJP Activists in Assam Allege 24-Hour Denial of Food Following Guwahati Arrests Zero-Tolerance Policy: PM Modi Cites Balakot and Operation Sindoor as Proof of India’s Evolving Counter-Terror Doctrine India vs Afghanistan Washed Out: Semi-Final Spot Secured A Historic Voyage Since Independence: First Cargo Vessel to Export Methanol from Assam to Bangladesh via Brahmaputra Dengue Alert: IAV Builds Early-Warning System to Forecast Dengue Trends Detained CJP Activists in Assam Allege 24-Hour Denial of Food Following Guwahati Arrests Zero-Tolerance Policy: PM Modi Cites Balakot and Operation Sindoor as Proof of India’s Evolving Counter-Terror Doctrine India vs Afghanistan Washed Out: Semi-Final Spot Secured A Historic Voyage Since Independence: First Cargo Vessel to Export Methanol from Assam to Bangladesh via Brahmaputra Dengue Alert: IAV Builds Early-Warning System to Forecast Dengue Trends
MinuteBrief logo
Business

Sensex likely to open lower amid mixed global cues

The Sensex is expected to open lower as crude oil prices rise by 1% following the rejection of Iran peace proposal by former US President Trump.

Puja Shil | | 1 min read

Sensex likely to open lower amid mixed global cues
AI Generated | MinuteBrief Team

In Brief

  1. Sensex likely to open lower due to mixed global market signals.
  2. Crude oil prices rise 1% after Trump's rejection of Iran peace proposal.
  3. Market focus shifts to the Strait of Hormuz tensions.
  4. Global cues and oil prices influence Indian share markets.

The Indian stock market is expected to open lower amid mixed global cues on Monday. The key benchmark Sensex is poised for a cautious start as investors digest recent developments in crude oil prices and geopolitical tensions.

Crude oil prices rose by 1% following former US President Donald Trump's rejection of an Iran peace proposal, which has increased uncertainties in the energy market. This development has drawn market attention to the Strait of Hormuz, a strategically critical oil transit chokepoint experiencing heightened tensions.

According to market analysts, these global factors are influencing investor sentiment in India. The Nifty index is also expected to reflect this cautious outlook at the opening bell.

Traders are closely monitoring the evolving situation in the Middle East and the consequent movements in crude oil prices, given their direct impact on economic conditions and business costs in India.

More from Business