India, March 17 -- India's equity benchmarks-the S&P BSE Sensex and the NSE Nifty 50-are likely to open little changed today, amid expectations of elevated volatility due to higher-for-longer crude oil prices.

GIFT Nifty futures traded between an intraday high of 23,547.50 points and an intraday low of 23,444.50 points, versus previous day's close of 23,568.50 , indicating the Nifty 50 will open near Monday's close of 23,408.8.

Brent crude hovered around $103 a barrel on supply concerns, with the Strait of Hormuz mostly shut and US allies refusing to send warships to help tankers navigate the key chokepoint that handles about 20% of global oil supplies.

Brokerages Citi and Nomura lowered their year-end Nifty targets on Monday, citing t...