Sensex and Nifty seen opening lower as GIFT Nifty drops 40 points; Brent stays below $85

The US and Iran said they have reached a peace agreement, easing geopolitical tensions. Brent crude futures were at $83.59 in early trade, keeping prices below the key $85 level. In India, gold rose 1.52% to Rs 1,52,930 per 10 grams, while COMEX gold slipped 0.46%. The Nasdaq Composite jumped 3.07% on Monday, though US futures edged lower on Tuesday, while moves across Asian markets were mixed.