GIFT Nifty signals a weak start, pointing to a negative opening for D-St.
Context
What happened: Benchmark indices opened higher but faced selling pressure and closed lower as Brent crude oil prices rose above $110.
Key numbers: Brent crude above $110. Monday's high of 23,175 cited as a crucial resistance level.
Why it matters: Analysts point to 23,175 as a key resistance level to watch. Foreign portfolio investors bought shares significantly, and domestic institutional investors were net buyers as well.