The benchmark Indian equity indices, Sensex and Nifty 50, are expected to open on a stronger note on Tuesday, supported by positive global cues and improving investor sentiment.
Market participants are closely monitoring developments in West Asia, currency movements, and trends in commodities such as crude oil and gold, which are likely to influence today’s trading session.
In the previous session, domestic markets ended sharply lower amid heightened geopolitical tensions and global uncertainty. The Sensex declined by 1,836.57 points, or 2.46%, to close at 72,696.39, while the Nifty 50 dropped 601.85 points, or 2.60%, to settle at 22,512.65.
Gift Nifty was trading at 22,832.5, up by 367.5 points or 1.64% as of early morning trade, indicating a likely gap-up opening for Indian equities. The index touched a high of 23,397.5 and a low of 22,829.5, reflecting strong early momentum.
Asian markets traded higher on Tuesday, mirroring optimism across global equities. Japan’s Nikkei 225 gained around 2.2%, while the Topix index rose 2.47%. South Korea’s Kospi surged 3.5%, and the Kosdaq advanced 3.29%. Australia’s S&P/ASX 200 also moved higher, gaining approximately 0.74%.
Investor sentiment improved after US President Donald Trump indicated a temporary pause in planned military strikes on Iran’s energy infrastructure.
The development follows ongoing diplomatic discussions, suggesting a possible de-escalation in geopolitical tensions.
However, the broader conflict between the United States and Iran has entered its fourth week, with continued risks of escalation. Any disruption in the Strait of Hormuz remains a key concern for global energy markets.
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US markets closed in positive territory on Monday. The Dow Jones Industrial Average rose 631 points, or 1.38%, to end at 46,208.47. The S&P 500 gained 1.15% to close at 6,581.00, while the Nasdaq Composite advanced 1.38% to 21,946.76.
The US Dollar Index edged slightly higher, rising 0.08% to 99.29, indicating marginal strength in the dollar against major global currencies. Meanwhile, the Indian rupee appreciated by 0.27% to close at 93.97 against the dollar in the previous session.
Crude oil prices witnessed an uptick amid ongoing geopolitical tensions. Brent crude traded near $102.72 per barrel, rising around 2.78%, while US West Texas Intermediate (WTI) hovered near $91.04 per barrel, up by approximately 3.31%.
Foreign institutional investors continued their selling streak on March 23, offloading equities worth over ₹10,400 crore. In contrast, domestic institutional investors provided support by purchasing shares worth around ₹12,000 crore, helping cushion the downside.
Positive global cues, easing geopolitical concerns, and strong Gift Nifty trends indicate a potential rebound in domestic markets. However, investors are likely to remain cautious, keeping a close watch on geopolitical developments, crude oil prices, and institutional flows for further direction.
Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Readers should conduct their own research and assessments before making any investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Mar 24, 2026, 8:04 AM IST
Team Angel One
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