Indian markets look set for a cautious opening after Monday's selloff, while Wall Street's record-breaking rally and easing geopolitical tensions offer positive global cues ahead of Nifty's weekly expiry and quarter-end trade.
Indian equity markets opened sharply lower on Friday, ending a five-session winning streak as heavy selling in information technology stocks weighed on investor sentiment. The decline followed a cautious business outlook from global technology giant Accenture, which sparked concerns about demand trends and discretionary spending in the IT sector.