Nifty Expected to Open Lower as Global Sell-Off and Crude Surge Weigh

Indian benchmark indices are poised for a cautious start following a severe sell-off across international markets driven by escalating geopolitical tensions and rising commodity prices. US and Asian markets faced steep declines overnight as crude oil surged and long-term treasury yields climbed significantly. Domestic sentiment remains under pressure following successive sessions of losses across major sectoral indices.

Brent crude traded above $91 a barrel while US 30-year yields hit multi-year highs, stoking renewed inflation fears and dampening risk appetite globally. The ongoing conflict involving West Asia continues to cloud macroeconomic visibility, directly impacting emerging market fund flows and domestic currency stability. The India VIX at 11.39 signals a subtle uptick in underlying market anxiety.

Technology and banking stocks are expected to face early headwinds following sharp overnight corrections in the Nasdaq and lingering domestic institutional caution. Market participants will closely monitor IT stocks and oil-sensitive counters as the session progresses to gauge institutional buying support near crucial support levels.