What Will the Stock Market Look Like Today? US–Iran Talks, Gift Nifty & Global Markets in Focus

Stock Market On Wednesday

The Indian stock market ended marginally lower after a highly volatile trading session. It was also closed on thursday for Bakrid.

Sensex

Closed at 75,867.80, Fell 141.90 points, Down 0.19%

Dragged by heavy selling in banking and financial stocks

Nifty 50

Closed at 23,907.15, Declined 6.55 points, Down 0.03%

Weakness offset by gains in select sectors like metals, autos, and power

What Will Trigger The Stock Market Today?

Today’s stock market mood might depend less on charts and more on one big question: Are the US and Iran actually moving toward peace, or is this just another temporary pause before fresh tension? Reports say both countries have worked out a tentative 60-day ceasefire extension, and honestly, that sounds like the kind of headline markets usually love. But there’s a catch, the deal is still waiting for Donald Trump’s final approval, and investors know geopolitical stories rarely stay calm for too long. That uncertainty is exactly what’s keeping traders restless.

US Vice President JD Vance added to the suspense after saying both sides are “close” to a deal, but “not there yet.” Translation? Markets don’t fully trust the calm yet. Especially because this conflict has already seen ceasefires crack before fresh clashes returned. Leaked reports also hint at major concessions from both sides, which could reshape oil prices, shipping routes, and global sentiment. Until something official lands, though, every new update may swing markets faster than fundamentals do.

What Changed Overnight For The Stock Market Today?

Domestic Market : Gift Nifty

Traded near 23,881, indicating a 116-point discount and a possible gap-down start for Indian markets.

Global Market

Asian Markets Rise: Equities increased on Friday over potential US-Iran ceasefire optimism.
Nikkei/Topix/Kospi: Nikkei 225 gained 0.88%, Topix increased 0.53%, and Kospi jumped 2.68%.
Wall Street Records: US markets closed at historic highs, with the Nasdaq rising 0.91%
Tech Sector Rally: Major tech stocks saw gains, including AMD (+4.55%) and Microsoft (+3.47%).
Wipro ADR Surge: Surged over 18% in US trading, driven by an expanded AI-driven partnership with ServiceNow.US Inflation: April PCE inflation hit 3.8% YoY, its fastest pace in three years
.Jobless Claims: Weekly unemployment filings rose slightly to 215,000, missing the 211,000 forecast.

Commodities

Gold & Precious Metals
- Spot Gold: Rose by 0.4% to $4,512.79 per ounce, heavily driven by investors keeping a close eye on updates regarding a potential US-Iran ceasefire deal.
- Weekly Performance: The yellow metal locked in a modest gain of about 0.1% for the week so far.
- US Gold Futures: Swung up 0.2% to touch $4,543.10.
- Spot Silver: Rallied sharply, jumping 0.7% to reach $76.17 per ounce.
Forex & The US Dollar
- Dollar Index (DXY): Remained largely flat at 98.997, but sustained a weak streak that puts it on track to close the week 0.3% lower overall against major global currencies.
- The Euro: Ticked up slightly by 0.03% to fetch $1.1653.
- The British Pound: Stalled out, trading completely flat at $1.3445.
- The Japanese Yen: Maintained its ground, strengthening to 159.27 per dollar.
Indian Rupee: The rupee has gained a bit of strength today, moving from its opening level of around ₹96.43 down to the current ₹95.77 mark. This comes as the US Dollar continues to see a bit of broad weakness across global markets this week.

(With Inputs)

Also Read: Stock Market LIVE Updates: Can Positive Global Cues Push Nifty Back Past 24,000 Post-Bakrid Holiday? Reliance, Adani, Zydus in Focus

Aishwarya Samant

Aishwarya is a journalism graduate with over 4.5 years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.

What Will the Stock Market Look Like Today? US–Iran Talks, Gift Nifty & Global Markets in Focus

Indian Stock market anticipate a cautious, lower opening Friday, following a volatile session and a holiday, due to ongoing uncertainty surrounding a potential US–Iran ceasefire extension.

Stock Market On Wednesday

Sensex

Nifty 50

What Will Trigger The Stock Market Today?

What Changed Overnight For The Stock Market Today?

Domestic Market : Gift Nifty

Global Market

Commodities

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