Focus Shifts To Doha Negotiations

Indian equity markets are expected to trade with a cautious bias as investors closely monitor renewed geopolitical tensions ahead of the next round of US-Iran negotiations.

Investor attention is now firmly focused on the upcoming talks in Doha, with hopes that diplomatic progress will help ease regional tensions, Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.

Oil Prices Decline

Brent crude, the global oil benchmark, was trading 0.56 per cent lower at USD 72.74 per barrel.

Asian Markets Mixed, US Equities Advance

Asian markets presented a mixed picture, with South Korea's Kospi, Japan's Nikkei 225 and Shanghai's SSE Composite trading higher, while Hong Kong's Hang Seng index was in the red.

Overnight, US equities ended on a strong note. The Nasdaq Composite surged 2.07 per cent, while the S&P 500 gained 1.18 per cent.

Benchmark Indices End Lower

On Monday, the Sensex fell 372.10 points, or 0.48 per cent, to close at 76,728.37. The Nifty declined 109.75 points, or 0.46 per cent, to settle at 23,946.25.