Crude up, austerity steps emphasised, Gift Nifty down: How can the market open today?

The cues don't seem very encouraging for a positive start to the stock market today. There are no fresh peace proposals to end the US-Iran war, crude prices have inched up this morning in early trade in Asia and GIFT Nifty is trading in the red. Prime Minister Modi has repeated his advice to the people to cut down consumption of petrol, diesel, gold, fertilisers and edible oil.

Kolkata: After the Monday mayhem in which investors lost about Rs 6 trillion in one day, how is the stock market set to open today? The cues don’t seem very encouraging for a positive start. There are no fresh peace proposals to end the US-Iran war, crude prices have inched up this morning in early trade in Asia, GIFT Nifty is trading in the red and Prime Minister Modi has repeated his advice to the........

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