Stock Market Today Live: Gift Nifty signals gap-up start for Nifty, Sensex amid US-Iran ceasefire; RBI policy in focus

The broader market sentiment, including the banking sector, will likely benefit from the global de-escalation. However, the upcoming RBI policy will be crucial for banking stocks, influencing NIMs and credit growth outlook.

Consider long positions in banking stocks on positive RBI policy cues, focusing on those with strong asset quality and deposit growth.

For Indian markets, this story mainly matters for NIFTY, SENSEX and the Financial Services, Banking pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Expected gap-up start due to global positive sentiment Expected gap-up start due to global positive sentiment Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Gift Nifty signals a gap-up start for Nifty 50 and Sensex.
• •US and Iran agreed to a two-week ceasefire deal, leading to a rally in global markets.
• •RBI policy is in focus.
• •Risk flag: Uncertainty around RBI policy decisions could introduce volatility.
• •Risk flag: Geopolitical risks, despite the ceasefire, can quickly re-emerge.