Indian equity markets expected to open lower as geopolitical tensions escalate. Nifty poised for a gap-down opening of approximately 150 points, with Gift Nifty trading at 24,285. US-Iran tensions near the Strait of Hormuz continue to rattle investor sentiment globally. Foreign institutional investors maintain heavy selling pressure, pushing FII ownership in Indian equities to its lowest level in over a decade. Market experts warn that Indian equities will remain highly volatile and sensitive to geopolitical developments. However, some brokerages including Emkay Global Research remain constructive on long-term prospects, expecting earnings growth to accelerate in FY27 once Middle East tensions ease. Crude oil prices declined 31 points, while gold and silver gained on safe-haven demand. Analysts suggest defensive positioning until clarity emerges on diplomatic negotiations.
