# Indian stocks may open lower as crude oil rises 2026-08-07T02:26:07+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Indian benchmark indices may open lower on Friday as Brent crude rose about 1.2% to $83.48 a barrel. Gift Nifty traded near 24,647, indicating a weak start, though one LiveMint report described the signal as pointing to a largely flat opening. Asian markets were mixed, while Wall Street ended lower after investors booked profits. The Nifty 50 gained 0.05% to close at 24,636 on Thursday. The Sensex rose 0.26% to 78,785, according to LiveMint, while another LiveMint report put its close at 78,954.76 after a 0.48% rise. Analysts cited by LiveMint see Nifty support around 24,300 to 24,450 and resistance near 24,800. SBI, Titan, Ola Electric, Hindalco and Oil India are due to report quarterly results. ## Coverage - livemint.com - livemint.com - livemint.com - ndtvprofit.com Tags: Brent crude, Indian markets, Nifty 50, quarterly results, Sensex Canonical: https://indianopinion.org/indian-stocks-may-open-lower-as-crude-prices-rise/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/indian-stocks-may-open-lower-as-crude-prices-rise/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.