Gift Nifty, US-Iran war, crude oil prices to India inflation: 10 things that changed for Indian stock market overnight

Indian benchmark indices are expected to open lower on Tuesday as US-Iran war escalation lifted crude oil prices and dampened investor sentiment. Gift Nifty was trading around 24,049, indicating a discount of nearly 193 points from the previous close, signaling a negative start. Separately, India retail inflation rose to 4.38% in June from 3.93% in May, and the merchandise trade deficit widened to a five-month high of $30.43 billion. HCL Technologies posted a 3.03% sequential rise in Q1FY27 net profit to ₹4,624 crore on 1.8% revenue growth, while retaining its FY27 guidance and announcing an interim dividend of ₹12 per share.