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 global markets digest fresh optimism surrounding US-Iran diplomatic efforts.
Crude oil prices are easing in the session, reflecting reduced near-term supply disruption fears.
The retreat in energy costs comes as reports indicate that the United States and Iran are making progress toward an interim peace deal.
This development marks a significant shift from the heightened tensions that had previously weighed on global risk appetite and supported higher energy valuations.
The cross-asset reaction underscores the market's sensitivity to geopolitical de-escalation.