US stock market to Nikkei: Here’s world equity heatmap you should know before opening of the Indian stock market today

Indian markets are set for a weak opening as global sentiment soured following US-Iran war escalation, including a reinstated naval blockade on the Strait of Hormuz and a 20% transit fee, triggering a surge in crude oil prices and inflation concerns. Gift Nifty traded around 24,050, about 192 points below the previous close, signalling a gap-down start. US indices closed sharply lower (Dow down 0.26%, S&P 500 down 0.79%, Nasdaq down 1.55%), while Asian markets were mixed to weak with South Korea's Kospi falling 3.10%. Analysts flagged 24,000 as immediate support for Nifty 50, with a break below potentially extending losses toward 23,800.