Stocks & Markets

Stock Market LIVE: GIFT Nifty signals negative open; Asia markets fall; US-Iran peace talks eyed

Asia / India2 views1 min
Stock Market LIVE: GIFT Nifty signals negative open; Asia markets fall; US-Iran peace talks eyed

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The GIFT Nifty indicated a negative open for the Nifty50 index due to losses in Asian markets, which were affected by uncertainty around US-Iran peace talks. US stock futures were slightly higher as traders hoped for a peace deal between the US and Iran.

The GIFT Nifty suggested a slightly negative open for the benchmark Nifty50 index as losses in Asian peers weighed on domestic markets. Asia-Pacific markets declined on Friday morning despite a record rally on Wall Street, as investors awaited clarity on a possible US-Iran truce. Japan's Nikkei 225 and South Korea's Kospi were down 0.83% and 0.33%, respectively. The US and Iran are set to meet for discussions over the weekend after a 10-day ceasefire between Lebanon and Israel. US stock futures were slightly higher, with the S&P 500 and Dow Jones futures up 0.05% and 0.14%, respectively. Several Indian companies, including Bajaj Consumer and Jio Financial Services, are set to release their quarterly results on Friday.

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