Indian Markets Eye Flat Open Amid Geopolitical Tensions and Soaring Crude Oil Prices

Indian markets are expected to open flat on Tuesday as geopolitical tensions drive up Brent crude prices above $100 per barrel.

The rise in energy costs is a primary concern for Indian investors, as it directly impacts the country's import bill and adds pressure to the rupee.

Energy-intensive sectors such as cement, paints, aviation, and logistics are particularly vulnerable to increased raw material and fuel costs.

Data shows that Foreign Portfolio Investors (FPIs) have been selling shares in the secondary market, with net outflows of approximately ₹14,474 crore in mid-September.

However, the primary market remains resilient, with over ₹47,000 crore poured into new IPOs year-to-date.