Weak Start Expected, Oil & Global Sell-off Weigh

GIFT Nifty was trading around 23,355, down -104 points (-0.45%) as of early morning, pointing to Nifty opening near 23,350, below yesterday's close. 23,300 is the key support level to watch today. What's driving the weak setup: Crude oil remains the dominant risk, still elevated, continuing to pressure oil-importing economies like India Broader Asian markets are weak, adding to the risk-off tone The rupee has also softened, another headwind This follows Thursday's late recovery, so today's weakness looks like renewed selling pressure rather than a fresh shock Stock to look out for today:

Shakti Pumps has secured a ₹235.92 crore solar pump order from the Maharashtra State Electricity Distribution Company (MSEDCL), a concrete, company-specific order win rather than sentiment-driven news, which tends to hold up better on a weak macro day like this. It's a clean, government-backed contract in the renewable/agri-infra space, giving the stock a real catalyst independent of index direction.