HighNegative
Announced Mon, 29 Jun · 07:09 IST
From Gift Nifty, US-Iran war to Asian stocks: 8 key things that changed for Indian stock market over weekend
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian stock markets are expected to open lower on Monday as Asian markets traded weak amid renewed US-Iran tensions, with Gift Nifty indicating a tepid start around the 24,087 level, about 15 points below the Nifty futures previous close. US markets ended lower on Friday, with the S&P 500 falling 2.05 percent and the Nasdaq plunging 4.7 percent for the week, dragged by AI-related chip stocks including Broadcom and Micron. On the positive side, Goldman Sachs upgraded India's 2026 GDP growth forecast to 6.5 percent from 6.1 percent following the US-Iran peace deal, while crude oil and gold prices moved in opposite directions on geopolitical uncertainty.