India, Oct. 26 -- Sensex and Nifty opened red on Monday as elevated crude oil prices and their inflationary impact weigh on sentiment, while investors awaited the US Federal Reserve's policy decision later this week.

GIFT Nifty futures stood at 22,608 at 7:46 am, signalling a muted start for the benchmark Nifty 50, which closed at 22,600 on Friday, according to figures cited in a Reuters report.

The Nifty 50 and BSE Sensex fell 2.4% and 2.2%, respectively, last week, declining in all four trading sessions as oil prices surged and tensions in the Middle East escalated.

As on 9:11 am on Monday, brent crude futures traded around $114.02 a barrel, easing from a near six-month high of $117 reached after the Indian market closed on Friday. H...