Indian stock market benchmarks are poised for a positive start on Wednesday, with the Gift Nifty trading at a premium of nearly 25 points above the previous close.
The forward indicator hovered around the 24,049 level, suggesting that investors are willing to bid up equities despite lingering caution over escalating military tensions between the United States and Iran.
This global risk-on mood has helped Indian indices break a two-session losing streak, as noted in recent market summaries.
The upbeat sentiment in Indian futures mirrors a broader recovery in global markets.
Asian exchanges rallied overnight, while US equities closed higher on Thursday, driven by a broad-based surge in semiconductor stocks and renewed confidence in artificial intelligence demand.
This global risk-on mood has helped Indian indices break a two-session losing streak, as noted in recent market summaries.
Crude oil prices have retreated from recent highs, providing additional support for Indian equities.
Lower energy costs ease inflationary pressures and improve the trade balance outlook, which has been a key driver of investor confidence in emerging markets.