GIFT Nifty signals weak start for Sensex, Nifty; rising oil, Wall Street losses weigh on sentiment

Market Mastery Webinar by Vishal Malkan Find the weak links in your portfolio by Vishal Malkan Indian benchmark indices Sensex and Nifty are likely to open on a weak note on Tuesday, with GIFT Nifty seeing a modest fall in the morning trade. A renewed US-Iran fighting pushed crude oil prices above $91 a barrel, while Wall Street ended lower overnight. Mixed Asian markets and heavy foreign investor selling also weigh on sentiment. GIFT Nifty was trading at 24,166 at around 8.10 am, down 60 points, or 0.25 percent, from its previous day’s close. Indian equities ended lower in the…