The short
- Equities: Nifty 50 up ~0.4% to ~24,760 at the open; energy leads, FMCG lags.
- FX: USD/INR hovers around 88.7–88.8.
- Rates: India 10-yr near 6.52–6.54% ahead of RBI.
- Oil: Brent around $69–70 with supply headlines in focus.
Dashboard (spot)
| Ticker / Macro | Level | Bias | Why it matters |
|---|---|---|---|
| Nifty 50 | ~24,760 | ↑ | Rebound after last week’s slide; O&G leadership early. |
| USD/INR | ~88.74 | ↔ | Rangebound into US data; IT/exporters sensitive. |
| India 10-yr G-Sec | ~6.53% | ↔ | Quarter-end flows offset supply; eyes on policy tone. |
| Brent crude | ~$69.8/bbl | ↓ (d) | Supply cues can sway OMC marketing margins. |
Sector cues
- Banks: Neutral-positive with steady 10-yr; watch stance/liquidity guidance into RBI.
- Energy/OMCs: Softer Brent aids marketing; refining GRMs remain the swing.
- IT: Stable USD/INR supportive; macro prints later in the week could move the needle.
What could swing the day
- Any RBI-week headlines on stance or liquidity operations.
- Further color on crude supply guidance.
- Flow-led moves in high-beta mid/smallcaps after last week’s drawdown.
Editor note
Levels are indicative snapshots near 10:30 IST; re-check intraday if you need precision pricing.