Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a muted start; Asian shares trade higher

Indian markets are set for a muted start on Monday as GIFT Nifty traded marginally lower by 3 points at 24,352. The Nifty had closed 0.4% higher at 24,271 on Friday, lifting its weekly gain to 0.9%, supported by softer US jobs data that eased concerns over further Federal Reserve rate hikes. Asian markets traded mostly higher and Wall Street futures opened positively, while gold hovered near a two-week high and oil edged lower after OPEC+ agreed to raise output targets from August.