Indian benchmark indices are poised for a subdued opening on Monday, tracking weakness in Asian markets and US stock futures as investor caution returns amid renewed escalation in US-Iran relations.
The Gift Nifty, a key indicator of foreign sentiment ahead of the domestic market open, hints at a lower start for the Sensex and Nifty 50.
Despite a modest gain on Thursday, market participants remain wary of the geopolitical backdrop.
The emerging narrative around US-Iran peace negotiations has introduced mixed signals, with investors balancing the potential positive implications of a diplomatic resolution against the immediate risk of further clashes.
This uncertainty has dampened risk appetite across global equities, with Indian markets reflecting the broader cautious tone.
Energy and precious metals markets are also under scrutiny as traders assess the supply-side implications of the Middle East tensions.