The benchmark Indian equity indices, Sensex and Nifty 50, are expected to open on a subdued note on Friday, despite positive global market cues and easing crude oil prices.
Investor sentiment remained cautiously optimistic as global markets reacted positively to expectations that the United States and Iran may extend their ongoing three-month ceasefire agreement.
Earlier on Wednesday, domestic equity markets ended marginally lower amid mixed investor sentiment. The NSE Nifty 50 slipped 7 points, or 0.03%, to close at 23,907, while the BSE Sensex declined 142 points, or 0.19%, to settle at 75,867.
GIFT Nifty was trading 21 points, or 0.09%, higher at 23,895, signalling a flat-to-positive opening for the domestic stock market indices.
Asia-Pacific markets opened on a stronger note as investors assessed geopolitical developments involving Iran and signs of easing tensions between the US and Iran.
Japan’s Nikkei 225 advanced 0.88%, while the broader Topix index gained 0.53%. South Korea’s Kospi surged 2.68%, and the small-cap Kosdaq rose 0.25%.
Meanwhile, Hong Kong’s Hang Seng index futures were slightly lower at 24,995, compared with the previous close of 25,006.16.
US equity markets ended higher on Thursday, supported by gains in technology stocks and optimism surrounding reports of an extended ceasefire agreement between US and Iranian negotiators.
The S&P 500 climbed 0.58% to close at 7,563.63, while the Nasdaq Composite rose 0.91% to 26,917.47. The Dow Jones Industrial Average edged 0.05% higher to settle at 50,668.97.
Crude oil prices traded lower on Friday morning, providing some relief to global markets.
West Texas Intermediate (WTI) crude futures fell 0.71% to $88.27 per barrel. Brent crude futures declined 0.62% to $93.71 per barrel, while COMEX crude prices dropped 0.73% to $88.25 a barrel.
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According to provisional data available on the NSE, foreign institutional investors (FIIs) remained net sellers on May 27, 2026, offloading shares worth Rs 1,042.70 crore.
Domestic institutional investors (DIIs), however, continued to support the market and were net buyers of shares worth Rs 3,821 crore.
The US Dollar Index (DXY), which tracks the performance of the dollar against a basket of six major global currencies, traded marginally lower by 0.04% at 98.97.
The index measures the strength of the US dollar against currencies including the British Pound, Euro, Japanese Yen, Swiss Franc and Swedish Krona.
Meanwhile, the Indian rupee ended Thursday’s trading session on a flat note against the US dollar.
Indian equity markets are likely to witness a cautious start amid mixed domestic cues and positive global sentiment. Investors will closely monitor geopolitical developments, institutional activity and movements in crude oil prices for further market direction.
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Published on: May 29, 2026, 8:56 AM IST
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