Indian Markets Set to Open Lower as Global Cues Turn Negative

Indian stock markets are expected to open on a weaker note, tracking negative signals from global markets. Oil prices have held steady at $88.72 per barrel amid slowing traffic through the Strait of Hormuz. The slowdown in Hormuz shipping activity comes as tensions between the United States and Iran continue to simmer. Elevated oil prices and geopolitical uncertainty are weighing on investor sentiment ahead of the opening bell.
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