- Indian markets opened volatile, influenced by global cues.
- GIFT Nifty and pre-open signals indicated a positive start.
- US-Iran tensions create investor caution, limiting directional moves.
Indian equity markets started trading on a volatile note on Tuesday, reflecting a blend of strong global cues and persistent geopolitical uncertainty surrounding the US-Iran situation.
The BSE Sensex rang the opening bell above 78,700, climbing more than 200 points, while the NSE Nifty50 opened the session around 24,400, inching up a little over 50 points, as of 9:15 AM.
GIFT Nifty And Pre-Open Signals
Early signals pointed to a firm undertone, with GIFT Nifty trading at 24,412, up around 80 points.
In the pre-open hour around 9:01 AM, the Sensex was higher by 800.48 points, or 1.02 per cent, at 79,320.78. However, the Nifty indicated caution, slipping 66.35 points, or 0.27 per cent, to 24,298.50.
The gains mirror optimism across global markets, driven by expectations that diplomatic engagement between the US and Iran could still materialise ahead of the ceasefire deadline.
US-Iran Tensions Keep Investors Cautious
Geopolitical developments remain the key overhang for markets. While there are indications that talks between Washington and Tehran may resume, the situation continues to be fluid.
Iran’s leadership has signalled reluctance to negotiate under pressure, while also hinting at potential escalation. On the other hand, US President Donald Trump has warned of severe consequences if no agreement is reached before the deadline.
This mix of hopeful diplomacy and aggressive rhetoric has kept investors on edge, limiting any sharp directional moves.
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Asian Markets Trade Higher
Equity markets across Asia-Pacific largely advanced in early trade, supported by expectations of renewed negotiations.
South Korea’s Kospi led regional gains, while Japan’s Nikkei 225 and Hong Kong’s Hang Seng also traded in positive territory. However, Australia’s benchmark index edged lower, highlighting uneven sentiment across the region.
Oil Prices Ease, But Risks Remain
Crude oil prices slipped marginally, with Brent crude hovering near $95 per barrel as traders assessed mixed signals from West Asia.
Despite the slight decline, supply concerns remain elevated due to disruptions around the Strait of Hormuz, keeping energy markets sensitive to geopolitical developments.
Monday Recap: Markets Ended Flat Amid Volatility
In the previous session, domestic benchmarks ended almost unchanged after a highly volatile trading day. The Sensex closed marginally higher by 26.76 points at 78,520.30, while the Nifty edged up 11.30 points to 24,364.85.
Market sentiment remained cautious as escalating tensions, including disputes over the Strait of Hormuz and rising crude prices, weighed on investor confidence. India VIX surged nearly 10 per cent during the session, signalling a return of volatility amid geopolitical uncertainty.
