Indian benchmark indices are poised for a lower open on Monday, weighed down by deteriorating global sentiment and rising energy costs.
The Gift Nifty, a key pre-market indicator for the Nifty 50, was trading at a discount of approximately 16 points, pointing to a tepid start for domestic equities.
The headwinds stem from escalating geopolitical tensions between the United States and Iran, which have driven Brent crude oil prices higher.
Rising input costs and broader risk aversion are likely to pressure investor sentiment across Indian markets, reversing some of the recent gains seen in the Sensex.
This repricing reflects the ongoing sensitivity of emerging market equities to Middle East stability.
As oil prices climb, the risk premium for Indian assets widens, with traders adjusting positions ahead of the session open.