Indian shares seen opening flat as Nifty and Sensex enter consolidation after 4%-plus run

The United States granted a 60-day waiver on sanctions on Iran, and officials reported a sustained lull in fighting in Lebanon under a nascent peace deal. Brent crude futures were around $78 a barrel, well below earlier highs. Softer oil prices are seen as supportive for India by easing inflation pressures and the import bill, while the Nifty and Sensex have risen 4.1% and 4.4% over seven sessions, with key support at 23,950–23,970 and resistance at 24,200–24,230.