Indian Stock Market Overnight Update: Gift Nifty, Nasdaq, Gold Rates And US-Iran Talks

The Indian stock market is bracing for volatility after overnight global developments. Gift Nifty was seen trading at a discount, signaling a weak start for benchmark indices.  

In the US, the Nasdaq closed lower as technology stocks faced selling pressure, while broader markets also showed weakness. Asian markets opened mixed, reflecting investor uncertainty amid geopolitical tensions and economic data releases.  

Gold prices edged higher, supported by safe-haven demand as investors awaited clarity on US-Iran talks. Domestically, the previous trading session ended flat, with profit booking in select heavyweights. Analysts expect volatility to persist as global cues and geopolitical risks weigh on sentiment.  

Key Highlights  

• Gift Nifty signals weak start for Indian indices  
• Nasdaq falls on tech stock sell-offs  
• Asian markets trade mixed amid uncertainty  
• Gold prices rise on safe-haven demand  
• Caution ahead of US-Iran talks impacts investor mood  
• Sensex and Nifty ended flat in previous session  

Sources: Mint, The Economic Times