Indian Market May See Muted Start Amid Negative Global Cues

The Indian market is expected to have a muted start due to negative cues from Asian markets and rebounding US Treasury yields. The GIFT Nifty, however, indicates a positive opening with a gain of 47 points or 0.19%.

Asian markets, including Japan's Nikkei 225 and South Korea's Kospi, have declined due to the recent increase in US Treasury yields. Meanwhile, US Futures are trading flat as investors try to recover from last week's losses.

The price of crude oil has surged above $90 per barrel, with Brent futures trading at $93.06. This is a significant level for crude prices, and it may have an impact on the market's performance.