From Gift Nifty, US chip stocks sell-off to oil prices: 8 key things that changed for Indian stock market overnight

Indian markets are expected to open on a cautious note on Tuesday as Gift Nifty trades around the 24,000 level, about 28 points below the previous close of Nifty futures, signalling a gap-down start. This follows Monday's sharp rally where the Sensex gained 776 points (1.02%) to close at 76,835.78 and the Nifty 50 advanced 229 points (0.96%) to settle at 23,995.95, supported by an 11% decline in Brent crude oil prices to around 88 dollars per barrel amid US-Iran peace talks. Asian markets traded lower with South Korea's Kospi tumbling 5.93% at the open, while US markets closed mixed and chip stocks like Nvidia and AMD fell about 5% each for a third consecutive session.