Indian markets poised for strong opening as geopolitical tensions ease. Nifty expected to gap up around 380 points to 24,230 following improved US-Iran diplomatic signals and sharp global stock gains. Crude oil prices have corrected significantly, providing relief to India's energy-dependent economy and supporting corporate margins. However, rising inflation poses a headwind to sustained bullish momentum. CPI inflation climbed to 3.4% in March, with economists forecasting it will breach 4% in April due to food price pressures and West Asia-related commodity impacts. Weak monsoon forecasts add another layer of concern for market participants. While improved geopolitical sentiment provides near-term support, persistent inflation and weather-related risks may limit upside potential in coming sessions.
