How will markets open today? GIFT Nifty muted; Crude slides below $85, Nikkei up 1%

News Snapshot:

The big cue at this hour is crude oil. Prices have seen wild swings from $117/bbl to below $85/bbl. Though crude is in green now, it is below $90/bbl. The GIFT Nifty is indicating a muted start to trade, even as Asian markets are relatively upbeat. Earlier on Tuesday, the NSE Nifty 50 closed the session 234 points or 0.97% higher at 24,262, while the BSE Sensex surged 640 points or 0.82% to close at 78,206. Key global and domestic cues to know on March 11, 2025 Crude oil The crude oil prices traded higher on Wednesday morning, rebounding from…