Sensex, Nifty Set For Muted Start; RIL, Airtel, Vi, ONGC, Sona BLW, Natco Pharma In Focus

Asian equities and U.S. futures declined as investors digested the uncertainty in Chinese economy. The U.S. and Federal Reserve minutes hinted at the need for delicate balancing act to tackle inflation while reducing the chances of a recession, simultaneously.

Equities fell across Japan, South Korea and Australia after U.S. markets logged losses for the first time in four days.

At 6:27 a.m., the Singapore-traded SGX Nifty — an early barometer of India’s benchmark Nifty 50 — traded 0.09% lower at 17,952 points.

Elsewhere, crude oil retreated, while gold advanced and Bitcoin was little changed.