GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a muted opening on Monday. Here is all you need to know before the market opens.

GIFT Nifty was up 22.50 points, or 0.09%, at 24,406 indicating a positive start for the domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Friday, the NSE Nifty 50 closed 251 points or 1.04% higher to settle at 24,368, while the BSE Sensex rose 820 points or 1.04% to finish at 79,706.

Key things to know before share market opens on August 12, 2024

Hindenburg Research Row

The US-based short-seller Hindenburg Research in a new report alleged that SEBI chairperson Madhabi Puri Buch and her spouse held hidden stakes in the same obscure offshore funds in Bermuda and Mauritius, which were used by Vinod Adani. The couple dismissed the allegations as baseless, asserting their finances are transparent.