# Indian shares set for muted open as crude, geopolitics weigh

2026-08-13T02:20:00+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 3 independent outlets

Indian equity benchmarks are expected to open flat to lower on Thursday, as elevated crude oil prices and US-Iran tensions over the Strait of Hormuz offset positive global cues. Gift Nifty traded around 24,437, a discount of 33.5 points from Nifty futures’ previous close, signalling a weak start. On Wednesday, the Sensex fell 187.90 points to 77,966.35 and Nifty declined 35.75 points to 24,435.95. Asian markets rallied after softer-than-expected US inflation data reinforced expectations that the Federal Reserve would hold rates in September. Japan’s Nikkei gained 1.5% and South Korea’s Kospi jumped over 3%. However, Brent crude remained near $88-89 a barrel. The Hindu Business Line reports that India’s retail inflation rose to 4.45% in July, driven by food prices, but Elara Securities expects the RBI to hold rates through CY26.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/stock-market-today-gift-nifty-inflation-to-msci-rejig-five-key-factors-that-may-drive-sensex-nifty-50-on-august-13-11902699>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/stock-market-today-gift-nifty-inflation-to-msci-rejig-five-key-factors-that-may-drive-sensex-nifty-50-on-august-13-11902699#publisher=newsstand>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/stock-market-live-updates-august-13-gift-nifty-sensex-today-nifty-kospi-nikkei-brent-crude-us-iran-war-fii-dii-q1-results-tmpv-11902704#publisher=newsstand>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-13th-august-2026/article71337670.ece>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/indian-stocks-see-muted-opening-despite-positive-global-cues/article71339340.ece>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/stocks-in-focus-today-jio-financial-groww-laurus-labs-airtel-among-key-movers/article71339323.ece>
- livemint.com <https://www.livemint.com/market/stock-market-news/stock-market-today-gift-nifty-hints-a-weak-start-eight-day-trading-stocks-to-buy-on-thursday-13-august-11786586213156.html>
- livemint.com <https://www.livemint.com/market/stock-market-news/buy-or-sell-gift-nifty-trades-flat-vaishali-parekh-recommends-three-intraday-stocks-to-buy-today-13-august-2026-11786585475504.html>
- livemint.com <https://www.livemint.com/market/stock-market-news/nifty-50-sensex-prediction-today-check-how-indian-stock-market-is-expected-to-trade-on-13-august-11786584855889.html>
- livemint.com <https://www.livemint.com/market/stock-market-news/from-gift-nifty-to-kospi-rally-oil-prices-7-key-things-that-changed-for-indian-stock-market-overnight-11786583044814.html>
- livemint.com <https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-13-august-2026-11786581785457.html>
- livemint.com <https://www.livemint.com/market/stock-market-news/stock-recommendations-for-13-august-from-marketsmith-india-11786536328947.html>

Tags: Asian markets, Gift Nifty, MSCI rejig, Nifty 50, Sensex, US inflation
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