Markets witnessed a strong rebound after six consecutive weeks of decline, supported by favourable global cues. Sentiment remained buoyant amid optimism surrounding a temporary US–Iran ceasefire, although lingering geopolitical uncertainties capped the pace of gains as the week progressed. On Monday, market will react to the peace talks collapsing and rising rhetoric once again from Donald Trump.

STATE OF THE MARKETS

Gift Nifty (Earlier SGX Nifty) signals a positive start.

Nifty futures on the Gift Nifty traded over 300 pts higher at 24,206.

Tech View: The bulls have regained control after a brief pause in the previous session, with the Nifty closing above the psychological 24,000 mark. The broader market structure remains positive, and a further short-covering rally could push the index towards the 24,300–24,500 zone in the near term.

India VIX: India VIX, which is a measure of the fear in the markets, fell 8% to settle at 18.85 levels.

Global Markets

• S&P 500 futures were little changed as of 9:07 a.m. Tokyo time
• Hang Seng futures rose 0.9%
• Japan’s Topix rose 1%
• Australia’s S&P/ASX 200 rose 0.4%
• Euro Stoxx 50 futures rose 1.4%

US equities
Wall Street edged higher on Tuesday, with the S&P 500 nearing a record close, as hopes of renewed peace talks between the U.S. and Iran weighed on oil prices and the dollar.

President Donald Trump indicated that negotiations could restart in Pakistan within the next couple of days after collapsing over the weekend. Officials from Pakistan and Iran also signaled a possible resumption of talks, expected to cover key issues such as transit through the Strait of Hormuz, Iran’s nuclear programme, and international sanctions.

Forex news

• The euro was little changed at $1.1795
• The Japanese yen was little changed at 158.80 per dollar
• The offshore yuan was little changed at 6.8106 per dollar
• The Australian dollar was little changed at $0.7127

Oil falls
Oil prices declined for a second straight day on Wednesday amid expectations that renewed U.S.-Iran peace talks could ease supply constraints from the Middle East, particularly with the potential reopening of the Strait of Hormuz.

Brent crude futures slipped 52 cents, or 0.55%, to $94.27 a barrel at 0054 GMT, following a 4.6% drop in the previous session. U.S. West Texas Intermediate crude fell $1.04, or 1.1%, to $90.24 after plunging 7.9% a day earlier.

Stocks in F&O ban today

SAIL
Sammaan Capital

Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.

FII/DII action
Foreign portfolio investors net bought shares worth Rs 672 crore on Friday. DIIs, meanwhile, were net buyers at Rs 410 crore.

Rupee
The rupee slumped 52 paise to settle at 93.35 against the US dollar on Monday after a failed US-Iran peace talk fuelled uncertainties in West Asia, leading to a surge in crude oil prices and a global chase for the greenback.

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