Indian markets set to open lower as Iran-US diplomatic talks stall, creating fresh geopolitical headwinds. Gift Nifty trading down nearly 200 points signals weakness ahead. Sensex fell 468 points to 78,804 while Nifty dropped 124 points to 24,452. Crude oil declined 48 points amid tension. Analysts warn volatility will persist through earnings season as external risks mount. However, India-US trade negotiations show promise with delegations in Washington through April 22, with only a few issues remaining on bilateral agreements. Defence Minister Rajnath Singh's Germany visit advances stealth submarine negotiations worth 70,000 to 99,000 crore. Asia-Pacific markets show mixed signals, with initial losses reversing to gains. Investors should maintain disciplined risk management and focus on stock-specific opportunities during Q4 results while monitoring geopolitical developments closely.
