Indian equity markets are likely to open on a positive note on Friday, with the BSE Sensex and NSE Nifty 50 expected to start the session in the green. Investor sentiment has improved after Donald Trump reportedly delayed potential military action against Iranian energy infrastructure by 10 days, easing immediate geopolitical concerns. The development has helped calm global markets, particularly oil prices, which often react sharply to tensions in the Middle East. GIFT Nifty futures also followed suit, rising 78.5 points to 23,148.50 from the previous close of 23,070, indicating an upside of around 0.34%. In a post on Truth Social, Trump said he will pause planned strikes on Iranian energy facilities for 10 days, claiming that talks between the two sides are "going very well."
"As per Iranian Government request, please let this statement serve to represent that I am pausing the period of Energy Plant destruction by 10 Days to Monday, April 6, 2026, at 8 P.M., Eastern Time," Trump said on social media platform Truth Social. "Talks are ongoing and, despite erroneous statements to the contrary by the Fake News Media, and others, they are going very well," Trump wrote.
On March 25th Indian equity indices ended on strong note with Nifty closing above 23,300 on March 25. At close, the Sensex was up 1,205 points or 1.63 percent at 75,273.45, and the Nifty was up 394.05 points or 1.72 percent at 23,306.45.Bank Nifty witnessed a recovery with follow-up buying after the recent back-to-back sharp declines, indicating a short-term pullback in the index.All sectoral indices closed in the green, with Consumer Durables, Realty, and PSU Banks delivering the sharpest gains. Midcaps and smallcaps outperformed, as the Nifty Midcap 100 climbed 2.30% and the Nifty Smallcap 100 rose 2.59%. Market breadth stayed bullish for the second straight session, with the BSE advance-decline ratio at 2.17. The rupee weakened to 93.97 against the US dollar, amid sustained foreign fund outflows that kept investors cautious.The recent pullback has lifted Nifty above its 10-day SMA (23,240) for the first time since the drawdown triggered by West Asia war tensions. The daily RSI continues to show positive divergence, reinforcing the strength of this recovery. Key support has shifted higher to 23,060, while resistance looms in the 23,378–23,618 band.