D-Street poised for a cautious opening as GIFT Nifty signals a muted start

Indian equity markets experienced a slight decline on Thursday, influenced by elevated crude oil prices. Investors remained cautious due to positioning ahead of the weekly Sensex expiry, despite a supportive global outlook. The Nifty50 and Sensex both closed marginally lower, reflecting a market lacking strong directional triggers. Elevated crude prices and geopolitical uncertainty kept domestic investors hesitant, suggesting a range-bound market.