New Delhi, Sept. 21 -- Indian equity markets are likely to open on a muted note on Monday, with Brent crude slipping to around USD 101 per barrel and GIFT Nifty hovering above 23,000, according to analysts.

Brent crude futures declined 81 cents, or 0.78 per cent, to USD 103.06 a barrel at 0031 GMT, extending losses after settling 0.91 per cent lower on Friday. US West Texas Intermediate (WTI) crude fell 89 cents, or 0.89 per cent, to USD 99.41 a barrel, following a 1.58 per cent decline in the previous session.

Oil prices continued to fall despite fresh attacks claimed by the Houthis. The group said it targeted "sensitive" sites in Saudi Arabia's capital, Riyadh, with missiles and drones on Saturday, along with an Aramco facility in Yan...