Indian stock markets poised for cautious opening as geopolitical tensions weigh on sentiment. Gift Nifty signals a gap-down start of approximately 50-60 points, reflecting mixed global cues and ongoing US-China trade negotiations. Crude oil volatility, rupee movements, and institutional flows remain critical drivers for near-term market direction. Foreign institutional investors have turned net buyers, offering some support, while domestic institutional activity provides stability. Major earnings announcements from Tata Steel, Cochin Shipyard, SAIL, and Gland Pharma will influence metals, defence, and pharma sectors today. Analysts warn that geopolitical headlines, particularly tensions surrounding Taiwan, pose significant volatility risks despite recent positive diplomatic developments.
