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Spot gold was down 0.2% at $1,956.02 per ounce, while US gold futures were down 0.3% at $1,955.40 per ounce.

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The local currency began at 82.22 against the dollar, slightly improving from its previous close of 82.25 on Friday.

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Brent crude futures were down 9 cents to $84.90 a barrel, while West Texas Intermediate crude was down 17 cents to $80.41 a barrel.

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SBFC Finance has fixed price band at Rs 54-57 per share for its initial public offering.

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The big positive for the markets is that most of the macros appear to be favorable.

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The fund hopes to tap stocks across the transport and logistics spectrum and that would include stocks from automotive, shipping & ports, ecommerce, rail/road/cargo, airports, among others.

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Bond Yields, Dollar, and Crude Oil spike In the week

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20,000 remains a major resistance for the Nifty

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FPI flows taper in the latest week

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