Indian Markets Set for Flat Open as Asian Stocks Slip, Brent Crude Nears $107

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Indian equity markets are expected to open on a flat note amid weakness across Asian markets. Brent crude oil prices climbed close to $107 per barrel, adding pressure to market sentiment. The rise in oil prices comes as talks between the United States and Iran over a nuclear deal have stalled. This has offset any relief that may have come from Saudi Arabia restarting its oil pipeline operations. Investors are closely watching global cues, particularly energy prices, for further direction.

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