GIFT Nifty Jumps 150 Points As Global Markets Rally On US-Iran Peace Hopes

Indian stock markets are expected to open higher on Friday as:

• global equities strengthened
• crude oil prices eased
• investor sentiment improved amid optimism around possible US-Iran peace negotiations.

GIFT Nifty Signals Positive Opening

GIFT Nifty was trading:

• 150 points higher
• at 23,666

in early trade, indicating a firm opening for:

• Sensex
• Nifty.

The positive signal follows a cautious but stable trading session on Thursday.

Previous Market Performance

On Thursday:

• Sensex closed down 135 points
• Nifty slipped marginally by 4 points.

Despite weak benchmark movement:

• broader market sentiment remained positive
• smallcap stocks outperformed
• India VIX fell over 3% indicating reduced market volatility.

Realty stocks led gains, while:

• IT
• FMCG stocks lagged.

Global Markets Gain Momentum

Global investor confidence improved after reports suggested:

• progress in US-Iran peace discussions
• easing concerns around Middle East energy supply disruptions.

US markets closed higher:

• Dow Jones gained 0.55%
• S&P 500 rose 0.17%
• Nasdaq added 0.09%.

Oil Prices Remain Volatile

Crude oil prices remained highly volatile due to:

• ongoing geopolitical uncertainty
• Iran-related negotiations
• energy supply concerns.

However:

• oil prices eased from recent highs, helping support risk sentiment across global markets.

Investors continue monitoring:

• Strait of Hormuz developments
• US-Iran diplomacy
• global energy supply risks.

Nvidia Pullback Despite Strong Results

NVIDIA shares fell:

• 1.8%

despite:

• stronger-than-expected earnings
• an $80 billion share buyback announcement.

The decline was mainly attributed to:

• profit booking after a strong rally.

What Investors Are Watching

Key triggers for Indian markets today include:

• oil price movement
• geopolitical developments
• foreign institutional investor activity
• rupee movement
• global risk sentiment.

Analysts say easing crude prices could:

• support Indian equities
• reduce inflation concerns
• improve market stability.

Why This Matters

India remains highly sensitive to:

• global oil prices
• Middle East tensions because the country imports most of its crude oil requirements.

Any sustained easing in oil prices could:

• support the rupee
• reduce import pressure
• improve investor confidence
• help sectors dependent on fuel and transportation.