Indian Stock Market | US-Iran latest news | Sensex, Nifty prediction: US President Donald Trump has said that the US is considering a possible attack on Iran as soon as Sunday, pointing out that Washington might have to “finish the job” or could reach a deal with Tehran. The latest US-Iran news reported by Al Jazeera presents two possible scenarios for the Indian stock market and gold prices. The two scenarios may have two completely different impacts on the two assets when trading activity resumes on Monday.
According to stock market experts, in the case of a US-Iran deal, bulls are expected to outperform bears, both in the equity and commodity markets, whereas in the case of a Sunday attack on Iran, we can expect a big setback for those who are waiting for a recovery in the equities, gold and silver prices after continuous selling last week.
Decoding Donald Trump's statement and the latest US-Iran news, Avinash Gorakshkar, Founder of Avinash Mentor Research, said, “In case of a Sunday attack on Iran, there will be a big hit to the bulls' sentiment, who are waiting for a bounce back in the Indian stock market, gold and silver prices, as these assets received a heavy beating last week. Likewise, if there is any deal coming out, the bears will have to pause, and bulls are expected to come out firing all their cylinders on Monday.”
However, Gorakshkar revealed a third scenario, expecting a status quo in the US-Iran war until the results of the US Midterm election 2026 are declared. He said the Iranian response to the US President's statement is not encouraging, and the US President may not react immediately, but wait until the results of the US Midterm elections 2026 are announced on 3rd November 2026.
Decoding the impact on the Nifty 50 index, Sumeet Bagadia, Executive Director at Choice Broking, said, “In the case of escalation in the US-Iran war, the index may break below its current support placed at 22,200 and may try to come close to its major support of 21,800 to 21,750. On the flip side, if there is a deal taking place between the US and Iran, the 50-stock index may try to break above the current resistance band of 22,700 to 22,750.”