Indian equity benchmarks are poised to open higher on Monday, tracking a positive signal from the Gift Nifty futures index.
The forward indicator suggests a rebound for the Sensex and Nifty 50, which closed lower on Friday, as investors digest a week of mixed macroeconomic signals and geopolitical developments.
The market sentiment shift comes as India presses for a competitive tariff advantage over other Asian economies in ongoing negotiations for a comprehensive trade agreement with the United States.
The push gains momentum as the top US trade diplomat arrives in New Delhi, raising hopes for a breakthrough in bilateral commerce talks that could benefit export-oriented sectors.
Geopolitical risks remain a key undercurrent, with tensions between the US and Iran continuing to influence global risk appetite.
While the immediate impact on Indian markets has been muted, investors are closely monitoring developments in the Middle East for any potential spillover effects on energy prices and supply chains.