Investor attention will also be focused on the ongoing India–U.S. trade negotiations, with India seeking tariff concessions as part of efforts to finalise a bilateral trade agreement | Photo Credit: istock.com

Indian markets are likely to open on flat-to-negative note on Tuesday amid volatile global cues. Analysts expect consolidation phase to continue. Gift Nifty at 24,125 indicates cautious start. Analysts expect also profit taking and low participation of ahead of holiday. Market is closed on Friday due to Muharram.

However, FPI buying will stabilise markets, they said.

Ponmudi R, CEO of Enrich Money, said: Comments from the US Vice President that there is a “good foundation” for finalising the proposed agreement (between the US and Iran) have reinforced optimism that talks remain on a constructive path, bolstering hopes of a lasting resolution in the Middle East. 

Investor attention will also be focused on the ongoing India–U.S. trade negotiations, with India seeking tariff concessions as part of efforts to finalise a bilateral trade agreement, he said adding that the U.S. Trade Representative Jamieson Greer is expected to visit India this week for discussions with Commerce Minister Piyush Goyal, with any progress likely to be viewed positively by markets given its potential to strengthen trade ties and support long-term economic growth. 

Meanwhile, equities across Asia Pacific region are mixed in early deal on Tuesday. Rajesh Palviya, Head of Research, Axis Direct, said Asian markets traded mixed this morning, reflecting the cautious global risk sentiment, while Brent crude remained below the $80 mark, a supportive factor for India’s macro outlook through lower inflationary pressures. GIFT Nifty indicates a mildly positive start for domestic equities.

India VIX remained stable at 12.84, continuing to reflect a low-volatility environment that has supported the recent uptrend, said Om Mehra, Technical Research Analyst, SAMCO Securities.

Published on June 23, 2026