Markets set for cautious start as geopolitical tensions weigh.

Markets set for cautious start as geopolitical tensions weigh. Indian indices signaled a negative opening Wednesday, with GIFT Nifty down 0.64 percent, following a strong Tuesday session where Nifty gained nearly one percent. Foreign portfolio investors net bought shares worth Rs 1,919 crore while domestic institutions were net sellers at Rs 2,221 crore. Volatility eased with India VIX falling seven percent to 17.53 levels, though US-Iran ceasefire talks remain a key risk factor. Global sentiment turned mixed as US stocks closed lower despite solid earnings, while Asian futures showed divergence. Oil prices dipped as investors assessed peace talk implications. Analysts suggest immediate support for indices is placed at 24,400 levels with potential upside toward 24,800 if momentum continues.