Indian Equity Markets React to Middle East Tensions; Oil and Corporate Developments in Focus

Indian equity markets showed mixed trends amid ongoing Middle East tensions. While markets ended with over 1% gains on Thursday, elevated volatility persisted due to geopolitical uncertainties. On Friday, equities were expected to open lower, with the GIFT Nifty indicating a potential gap-down start. Oil marketing companies attracted attention following a US licence permitting limited Russian oil sales to India until April 4. Additionally, several companies announced strategic partnerships and business developments across sectors.