D-St set for a negative opening as GIFT Nifty signals weak start

Indian stock indices closed in the red on August 12, reflecting growing unease in the market. The Nifty 50 lost 35.75 points, closing at 24,435.95. The increase in crude oil costs dampened investor confidence, prompting foreign portfolio investors to offload shares worth Rs 1,002.50 crore. Meanwhile, the Indian rupee remained under pressure, trading around 95.32 against the dollar.