
GIFT Nifty futures were at 24,653 points, as of 7:50 am, indicating a muted start for the Nifty 50, which closed at 24,636 on Thursday.

ICRA warned that the combination of higher crude oil prices and rupee depreciation could fuel inflationary pressures and constrain consumption-led sectors.India Inc. is likely to face slower revenue growth and weaker profitability in the first quarter of FY27…