20 july 2026 : Punjab Khabarnama Bureau : Indian equity markets are likely to open on a weak note after GIFT Nifty declined, signalling pressure on the Sensex and Nifty at the start of trading.
Investor sentiment has been affected by rising tensions in the Middle East, while crude oil prices climbing above $90 a barrel have added to concerns over inflation and economic growth.
Oil Prices Rise Above $90
A sharp rise in crude oil prices is a key concern for India, which imports a significant portion of its energy requirements. Higher oil prices can increase import costs and put pressure on inflation, the rupee and corporate profitability.
Middle East Tensions Weigh on Markets
Escalating geopolitical tensions have increased uncertainty across global financial markets. Investors are closely monitoring developments in the region for their potential impact on oil supplies, shipping routes and the broader global economy.
GIFT Nifty Signals Weak Opening
The decline in GIFT Nifty suggests that domestic benchmarks could begin the session under pressure. Investors are likely to track crude oil prices, global market cues, foreign fund flows and developments in the Middle East.