Sensex, Nifty Set To Fall; Adani Ports, HAL, JSW Steel, Spicejet, Wipro In Focus

European equity futures tumbled and the euro fell Monday as the region’s worsening energy crisis added to concerns about a global economy already facing inflation, monetary policy risks.

The dollar was firm. Crude jumped past $88 a barrel ahead of an OPEC+ meeting on supply and as traders weighed the latest energy-sector twists.

At 7:05 am, the Singapore-traded SGX Nifty—an early barometer of India’s benchmark Nifty 50—traded 0.24% lower at 17,498.50 points.