Stock Market LIVE Updates, Sensex Today: Markets Likely To Open Lower As Oil Advances Amid US-Iran Tensions
Indian stock markets are expected to open lower due to rising oil prices and global geopolitical tensions. Analysts suggest a cautious approach as investors monitor Bitcoin, gold, and Nifty index support levels.
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Provides critical financial guidance for investors navigating volatile market conditions influenced by global economic factors.
Stock Market Live Updates: Indian equity benchmarks are likely to open in red on Wednesday.
Riya Sehgal, Research Analyst, Delta Exchange
Crypto markets are regaining momentum as improving risk appetite, institutional demand and short covering support Bitcoin above $66,000. The next decisive zone lies between $66,800 and $67,500; a sustained breakout could extend the rally toward $68,500-$70,000. On the downside, $65,000 is the first important support, followed by $64,000. Ethereum's structure appears stronger, supported by higher highs, higher lows and bullish moving-average alignment. However, resistance near $1,950-$1,965 remains critical. A clean break could open the path toward $2,000-$2,040, while rejection may trigger a pullback toward $1,900 or $1,870.
Gold is also displaying renewed strength despite a firm dollar and elevated bond yields. A move above $4,125-$4,130 could target $4,150-$4,175, while a fall below $4,075 would weaken near-term momentum.
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