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Today's Trade: Key Global Market Indicators to Monitor
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Indian Markets Eye Positive Start: Global Cues Upbeat Despite US-Iran Tensions
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Moneycontrol
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05-03-2026, 08:18
Indian Markets Eye Positive Start: Global Cues Upbeat Despite US-Iran Tensions
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Indian benchmarks Sensex and Nifty likely to open positive on March 5, tracking higher GIFT Nifty.
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Global markets show recovery: Asian and US equities rose, dollar softened, and gold/crude gained.
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Indian indices plunged 1.5% on March 4 due to US-Iran clashes, extending a 4% slide in 3 sessions.
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US stocks rallied after reports of Iran's openness to talks and Trump's pledge to stabilize oil markets.
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FIIs sold Rs 8,752 crore, while DIIs bought Rs 12,000 crore for the sixth consecutive day.
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