Stock Market LIVE: Indian equity markets are set for a firm start on Thursday, supported by strong global cues and easing risk sentiment. Early indications from GIFT Nifty suggest a positive opening for the benchmark indices Sensex and Nifty 50.
Global markets are largely upbeat, with investors tracking developments around US–Iran negotiations and their impact on crude oil prices and inflation outlook.
Crude oil prices, which had fallen sharply by over 5.5% in the previous session on hopes of a potential US–Iran deal, saw a slight rebound in early Asian trade. The decline in oil had boosted global risk appetite, easing concerns over inflationary pressures.
