India stock market open Jan 5: Oil shock risk meets Nifty record high — what to watch on Dalal Street
India’s Nifty 50 closed at a record 26,328.55 on Friday, up 0.70%, while the Sensex rose 0.67% to 85,762.01. Oil markets face renewed volatility after U.S. moves in Venezuela, raising supply concerns for India, which imports most of its crude. OPEC+ kept output policy unchanged over the weekend. Traders now watch for crude price swings, services PMI data, and the rupee’s reaction at Monday’s open.