Indian equity benchmarks are set to open lower on Wednesday, tracking weak overnight cues from Wall Street and mixed performance across Asian markets.
The Gift Nifty, the pre-market gauge for the Nifty 50, is trading in negative territory, signaling a risk-off start for domestic investors.
The sentiment shift is being driven by escalating tensions between the United States and Iran, which have reignited concerns over supply disruptions in the Middle East.
Crude oil prices have risen in response to the geopolitical friction, adding pressure to energy-importing economies like India.
Meanwhile, gold prices have declined, suggesting that safe-haven flows are currently favoring energy assets over precious metals.
This marks a continuation of the cautious stance seen in recent sessions.