Indian benchmark indices are likely to see a positive start on October 29, tracking GIFT Nifty, which is up about 55 points at 22,789 in early trade.
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Indian benchmark indices ended lower on October 28, with the Nifty closing around the 22,700 mark, dragged down by selling in information technology and oil and gas stocks.
Caution ahead of the US Federal Reserve’s policy decision and Brent crude prices holding around $115 per barrel following an attack on a Saudi Arabian refinery further weighed on investor sentiment.
At close, the Sensex was down 352.64 points or 0.48 percent at 73,246.03, and the Nifty was down 50.90 points or 0.22 percent at 22,698.85.