Opening Bell : Markets likely to make cautious start on Friday
Indian equity markets are likely to make a cautious start on Friday as investors may remain on sideline over the fragile US-Iran peace deal. Additionally, sentiments may remain downbeat after Foreign Institutional Investors (FIIs) turned net sellers on May 27, 2026, with a net outflow of Rs 1,042.70 crore.
Some of the key factors to be watched:
US team to visit India for trade talks: The report has said that the US team is visiting India from June 1-4 to finalise the details of the interim trade pact and take forward negotiations under the broader bilateral trade agreement on various areas such as market access, non-tariff measures, and customs facilitation.
India, Canada to avoid sensitive sectors in trade pact talks: Commerce and Industry Minister Piyush Goyal has said that India and Canada have decided to focus on low-hanging fruit, work on areas of convergence and avoid seeking concessions in sensitive sectors in the negotiations for the proposed free trade agreement.
FinMin to meet chiefs of PSU banks to review credit flow to agri, MSME sectors: The finance ministry has called a meeting of heads of public sector banks (PSBs) on May 29 to review financial performance, progress of credit flow to the agriculture sector and MSMEs amid the West Asia crisis.
India, South Korea agree to address widening trade deficit: The commerce ministry has said that India and South Korea have agreed to address the widening trade deficit between the two countries within the overall framework of the bilateral trade pact.
India’s energy investment to hit $170 billion by 2026: The International Energy Agency (IEA) in its report has said that India's energy investment is set to reach a record $170 billion in 2026, driven by rapid expansion in solar power and oil refining as the country accelerates efforts to meet rising energy demand and strengthen infrastructure for its clean energy transition.
Global front: The US markets ended in green on Thursday amid a report stating that US and Iranian negotiators reached a breakthrough on a peace deal following a second wave of military strikes on Iran near the Strait of Hormuz. Asian markets are trading mostly in green on Friday following the broadly positive cues from Wall Street overnight.
Back home, Indian equity benchmarks ended marginally lower in a volatile trade on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,407.87 crore on Tuesday. Finally, the BSE Sensex fell 141.90 points or 0.19% to 75,867.80 and the CNX Nifty was down by 6.55 points or 0.03% to 23,907.15.
Some of the important factors in trade:
India-Canada FTA talks may be concluded before end of this year: Expressing optimism over India’s free trade agreement (FTA) with Canada, Commerce and Industry Minister Piyush Goyal has said that officials of both the countries are negotiating the proposed FTA with full sincerity, and the talks could even be concluded before the end of this year.
India, US sign framework to secure critical mineral supplies: Amid increasing concerns about China’s controls on rare earth exports and strategic metals vital to global technology supply chains, India and the US have firmed up a key framework for cooperation in ensuring steady supplies of critical minerals.
India’s banking system doing well with annual growth rate of 15.90%: M Nagaraju, the secretary of the department of financial services under the finance ministry, has said that India’s banking system, including both public and private sector banks, is doing very well with an annual growth rate of 15.90 per cent, which is the highest ever in Indian history.
Above views are of the author and not of the website kindly read disclaimer
