Indian Shares Set to Open Lower Ahead of Trump Deadline
Indian shares are set to open lower on Tuesday as uncertainty grows over the Middle East conflict. Markets remain cautious ahead of a U.S. deadline for Iran.
Indian equity markets are expected to open lower on Tuesday as geopolitical uncertainty intensifies between the United States and Iran. Market participants are closely monitoring a strict deadline set by the American administration regarding the reopening of the Strait of Hormuz, a development that has weighed on global investor sentiment.
GIFT Nifty futures were trading at 22,889.5 in early sessions, indicating that the benchmark KOTAK NIFTY 50 will likely start the day below Monday's closing level of 22,968.25. The UTI BSE SENSEX ETF is also anticipated to face downward pressure after both major indices saw a volatile previous session where initial gains were erased by renewed verbal hostilities between Washington and Tehran.
