ONGC

Pre-Opening

Indices are poised for a positive start today, recovering after a sharp three-day decline last week. Early signals from the GIFT Nifty, which was trading at 24,140—up 186 points or 0.77%—suggest a firm opening for benchmark indices Sensex and Nifty. This upbeat indication comes even as geopolitical tensions persist and crude oil prices remain elevated, with global market cues providing support. Across Asia, markets were largely in the green during early trading hours. Japan’s Nikkei and South Korea’s Kospi touched record highs, following gains seen on Wall Street. In the US, markets ended on a mixed note on Friday, though both the S&P 500 and Nasdaq managed to close at record levels. Investor sentiment was buoyed by optimism surrounding possible US-Iran negotiations, despite a lack of concrete progress, along with continued strength in technology stocks, particularly in the semiconductor space. Looking ahead, market conditions are expected to stay volatile and heavily influenced by news flow. Key factors such as geopolitical developments, fluctuations in crude oil prices, and institutional investment trends are likely to shape the near-term outlook. Additionally, the ongoing Q4 earnings season is expected to drive stock-specific movements.