Indian benchmark indices Sensex and Nifty 50 are likely to open cautiously on Tuesday amid mixed global cues, as investors await details of the US-Iran peace agreement. Asian markets showed varied performance, while US equities closed higher the previous night, with the Dow Jones reaching a record level. On Monday, Indian markets extended gains following news of the US-Iran deal that reduced geopolitical tensions. The Sensex advanced 0.97 percent to finish at 76,264.33, and the Nifty 50 rose 0.98 percent to end at 23,853.90. Gift Nifty traded near 23,919, indicating a largely flat opening. Asian indices were mixed as participants monitored developments on the peace agreement. Japan’s Nikkei stayed flat and the Topix declined 0.38 percent, while South Korea’s Kospi gained 0.61 percent and Kosdaq fell 1.47 percent. Hong Kong’s Hang Seng futures pointed to a lower start. US markets rose on Monday, led by the Dow Jones record close after the peace deal announcement. The Dow Jones Industrial Average increased 0.92 percent to 51,671.03, the S&P 500 climbed 1.65 percent to 7,554.29, and the Nasdaq Composite gained 3.07 percent to 26,683.94. Shares of several technology firms advanced, though some other stocks declined. US Vice President JD Vance indicated that President Donald Trump may release details of the Washington-Tehran agreement before the planned signing on Friday. The pact was finalized electronically and includes Iran’s commitment to forgo nuclear weapons. Separately, India recorded a current account surplus of 4.7 billion dollars in April, reversing a deficit of 4.8 billion dollars a year earlier.
