Home›Global Markets›Trade & Tariffs›Easing Iran tensions lift risk mood, pushing India sto…

Easing Iran tensions lift risk mood, pushing India stocks toward gap-up

Gift Nifty futures were around 23,938, and WTI fell more than 6% from near $93 to about $84 as crude retreated.

Reported · Written up by our desk · Trade & Tariffs

Global markets are expected to start the week on a firmer footing, with India equities set to open higher as geopolitical tensions related to Iran temporarily ease, improving risk sentiment, according to LiveMint Markets.

The outlet linked the shift in sentiment to a Trump administration signal of a pause in additional military strikes to allow diplomacy to proceed. That backdrop helped cool crude prices, with WTI down more than 6% from recent highs near $93 per barrel to around $84, while Brent eased to about $88 after briefly pushing above $100 last week.

In India, Gift Nifty futures were trading around 23,938 versus the previous Nifty close of 23,767, implying a gap-up opening for domestic equities. Enrich Money CEO Ponmudi R said a sustained decline in energy prices could unwind some inflationary pressures and reduce the risk of a more hawkish Federal Reserve stance, though investors are likely to stay cautious given Middle East developments.

LiveMint Markets also noted US stocks ended Friday mixed, with the S&P 500 up 0.05% and the Dow up 0.46%, while the Nasdaq fell 0.64% amid continued selling in semiconductors. It added that a busy US earnings week is ahead, with Microsoft, Amazon, and Meta Platforms among companies scheduled to report, alongside a US S&P Global flash PMI showing business activity expanded at the fastest pace in eight months.

Latest closeWTI crude $90.47 ▼1.9%|Brent $98.38 ▼2.3%|S&P 500 7,411.98 ▲0.1%

More like this

Sources