
Indian equity markets are likely to open on a negative note on Tuesday as GIFT Nifty signalled a muted start of down around 110 points.
On Monday, benchmark indices snapped a four-session losing streak as Sensex surged 483 points to close at 73,606.75 and Nifty 50 settled at 22,753.20.
Analysts noted that market sentiment remains cautious due to elevated WTI crude oil prices trading near $101 per barrel and global geopolitical uncertainties.