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Indian equity markets are likely to make negative start on Tuesday as investors may watchful over developments in US-Iran peace talks. Some cautiousness may come amid continued foreign fund outflows, as foreign institutional investors (FIIs) offloaded shares worth Rs 1,151.48 crore on Monday. Traders are likely to adopt a wait-and-watch approach ahead of the release of India's Index of Industrial Production (IIP) data for March later in the day. 

Some of the key factors to be watched: 

India, New Zealand ink ‘once-in-a-generation’ trade deal: India and New Zealand have inked a ‘once-in-a-generation’ trade pact, giving duty-free access to 100 per cent of domestic exports, including textiles, leather footwear, and gems and jewellery, in the island nation. 

Trade pact with EU, US in next few months: Commerce and Industry Minister Piyush Goyal has said the free trade agreement with New Zealand is the seventh such pact signed under his tenure in the past three-and-a-half years and two more agreements with the European Union and the US are expected in the coming months.

India, Russia-led EAEU may hold next round talks for trade pact in June: The report said India and the Russia-led EAEU group are expected to hold next round talks for a proposed free trade agreement in June in Moscow. Issues related to non-trade measures are likely to figure in that meeting. 

Digital Public Infra initiatives may contribute 4% of GDP by 2030: A NITI Aayog report said India's digital public infrastructure (DPI) initiatives are already contributing nearly 1 per cent of GDP and could reach 4 per cent by 2030. 

Goyal meets exporters; discusses ways to increase shipments: Commerce and Industry Minister Piyush Goyal has held discussions with exporters and representatives of industry associations on ways to boost the country's shipments and enhance utilisation of free trade pacts. 

Global front: The US markets ended mostly in green on Monday though gains were capped by rising oil prices and uncertainty over stalled US-Iran diplomacy. Asian markets are trading mixed on Tuesday as traders watched for developments in Middle East. 

Back home, snapping the three-day falling streak, Indian equity benchmarks rebounded nearly a per cent on Monday, following a rally in Sun Pharma and Reliance Industries and positive global trends. Investors’ sentiment improved after reports said that Iran approached the US with a proposal to reopen the Strait of Hormuz. Finally, the BSE Sensex rose 639.42 points or 0.83% to 77,303.63 and the CNX Nifty was up by 194.75 points or 0.81% to 24,092.70.       

Some of the important factors in trade:

India, US wrap up three-day trade talks: With an aim of fast-tracking the trade pact, the Commerce and Industry Ministry has said that three-day trade talks between Indian and US officials concluded on April 23, 2026 with both sides agreeing to remain engaged to sustain the momentum. 

Domestic consumption continues to remain key driver of India’s economic growth: Union Finance Minister Nirmala Sitharaman has said that domestic consumption continues to remain a key driver of India’s economic growth but sustained momentum will require consistent and predictable policy support. 

India's fertiliser security remains strong despite global uncertainties: Rejecting claims of shortages, the Department of Fertilizers has said that India's fertiliser security remains ‘strong, stable, and well-managed’, with availability consistently exceeding requirement across all major fertilisers, despite global uncertainties. 

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