Sensex, Nifty on track for muted start amid rising oil prices; Q1 earnings, US-Iran war in focus
Indian shares are set for a muted start as GIFT Nifty futures indicate a slight rise to 24,653 points, following a close of 24,636 on Thursday. Rising Brent crude prices, now above $83 a barrel due to tensions in the Strait of Hormuz, pose challenges for India, which heavily relies on crude imports. Key earnings reports from State Bank of India, Titan Company, and Hindalco are expected to influence stock movements today.