•Gift Nifty futures dropped over 100 points, indicating a subdued opening for Indian equities on Friday.
•Crude oil prices rebounded as markets reassessed Middle East de-escalation, with Iran evaluating a US proposal but showing reluctance for negotiations.
•US President Donald Trump warned of intensified pressure on Iran if it fails to acknowledge a military defeat.
•India, a major oil importer, faces significant implications from rising crude prices and potential supply disruptions via the Strait of Hormuz.
•Experts suggest 23,300-23,350 is a crucial zone for Nifty; a breach could trigger selling, while 23,500-23,600 acts as strong resistance.
