D-St set for a cautious opening as GIFT Nifty signals muted start

Benchmark indices experienced a decline on Friday due to high Brent crude oil prices and global market weakness. Nifty was noted to face immediate resistance at 22,850 levels, with previous week's high acting as a hurdle. The rupee fell against the dollar for the second consecutive day, impacted by rising crude prices. Foreign portfolio investors were net buyers, while domestic institutional investors also increased their holdings.