Sensex And Nifty Poised For Rebound Amid Cooling US-Iran Concerns

Indian equities are set for a rebound today after sharp declines earlier this week. The halt in US military strikes on Iran has eased fears of supply disruptions, leading to a drop in crude oil prices and boosting global risk appetite. Traders, however, remain cautious amid lingering uncertainty.

Global Cues And Market Sentiment
Gift Nifty futures indicated a strong gap-up opening, trading nearly 328 points above the previous close. Asian markets also rallied, with indices like Kopsi jumping over 3%, reflecting improved global sentiment. The cooling of war concerns has provided relief to energy markets, with crude oil sliding more than 11%.

Domestic Market Outlook
Nifty 50 is expected to open near the 23,900 mark, while Sensex could see a sharp recovery from Monday’s losses. Sectors linked to energy, banking, and infrastructure may benefit from easing crude prices and improved liquidity conditions. However, foreign portfolio investor (FPI) flows remain a key risk factor.

Key Highlights

• Nifty 50 likely to open around 23,900
• Sensex expected to rebound from recent declines
• Gift Nifty trading at 22,843, signaling gap-up start
• Crude oil prices down over 11% after strike delay
• US-Iran tensions ease, boosting global equities

Future Outlook
While today’s session may witness a relief rally, volatility cannot be ruled out. Investors are advised to track geopolitical developments and crude oil trends closely, as these remain critical drivers for Indian markets in the near term.

Sources: Mint, Goodreturns, Financial Express