Nifty declined for a seventh session, influenced by elevated crude oil prices. Analysts anticipate continued pressure due to global weakness and geopolitical tensions. The India VIX, a fear gauge, saw a slight decrease to 11.32 levels. Foreign and domestic institutional investors showed net buying activity on Wednesday. The Indian rupee weakened against the dollar but saw central bank intervention.

Nifty declined for a seventh session, influenced by elevated crude oil prices. Analysts anticipate continued pressure due to global weakness and geopolitical tensions. The India…

GIFT Nifty futures were at 24,241 points, as of 7:56 am, indicating a positive start for the benchmark Nifty 50 index, which closed at 24,078.3 on Wednesday.