Indian equity benchmarks are poised for a positive start, driven by a dip in crude oil prices and a broader rally in global markets.
The easing in energy costs follows a temporary de-escalation in tensions between the United States and Iran, providing a reprieve for import-dependent economies.
The Gift Nifty, a key pre-market indicator for the Nifty 50, signaled a higher opening, reflecting improved investor sentiment ahead of the trading session.
The market move comes as traders navigate a complex landscape of domestic and international triggers.
Futures and options expiry looms, typically amplifying intraday volatility, while the ongoing Q1 earnings season keeps focus on corporate fundamentals.
Foreign portfolio investor flows remain a critical variable, with sentiment closely tied to global risk appetite and currency stability.