Indian benchmark indices opened positively but traded within a narrow range. Market participants remained cautious due to the weekly Sensex expiry and intraday volatility. Analysts expect the index to hold support and witness a pullback towards higher levels. Foreign portfolio investors net sold shares while domestic institutional investors were net buyers. The rupee depreciated for the fourth straight day against the US dollar.

Gift Nifty signals a flat opening for Indian markets as investors track Q1 earnings, global cues, US markets, easing oil prices and India-UK trade optimism.

Sensex and Nifty are set for a weak opening as Gift Nifty signals caution amid an Asia market sell-off, elevated crude oil prices and rising West Asia tensions.

Indian benchmark indices opened positively but traded within a narrow range. Market participants remained cautious due to the weekly Sensex expiry and intraday volatility.…