Markets Pre-Open: India — What to Watch

GIFT Nifty at 24,621.50 — the early indicator points to a muted, near-flat start for Indian benchmarks, with the Nifty50 opening just 11 points higher from yesterday's close.

Money Moves

• Crude Brent at $86.11 — Oil jumped 3.06% as Iran rejected opening the Strait of Hormuz until US demands are met, raising supply disruption fears.
• Nifty Bank Range-Bound — The banking index continues to trade in a 57,500–58,000 corridor, unable to break...