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Indian Markets Eye Positive Start: Global Cues Upbeat Despite US-Iran Tensions

Market Today

M

Moneycontrol•05-03-2026, 08:18

Indian Markets Eye Positive Start: Global Cues Upbeat Despite US-Iran Tensions

•Indian benchmarks Sensex and Nifty likely to open positive on March 5, tracking higher GIFT Nifty.
•Global markets show recovery: Asian and US equities rose, dollar softened, and gold/crude gained.
•Indian indices plunged 1.5% on March 4 due to US-Iran clashes, extending a 4% slide in 3 sessions.
•US stocks rallied after reports of Iran's openness to talks and Trump's pledge to stabilize oil markets.
•FIIs sold Rs 8,752 crore, while DIIs bought Rs 12,000 crore for the sixth consecutive day.

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