Indian stock market indices opened to a muted start on Wednesday, September 23, amid overhanging concerns over the Middle East conflict. Persistent foreign fund outflows have also been offsetting positive cues from Asian markets.
GIFT Nifty futures were at 23,343 points, as of 7:49 am, indicating a flat start for the benchmark Nifty 50 index, which closed at 23,329 on Tuesday, according to figures cited in a Reuters report.
At 9:16 am, BSE SENSEX traded at 74,692.59, up by 163 points or 0.22 per cent while NSE was at around 23,385, about 56.85 points or 0.24 per cent up.
Brent crude futures saw a little changed, around $99 per barrel, on increased Gulf supply and hopes for a diplomatic solution to the US-Iran war through talks at the UN in New York.
While US President Donald Trump warned that he could “annihilate” Iran, he also said his envoys Steve Witkoff and Jared Kushner had held productive talks with mediators of Iran to end the war.