New Delhi, July 27 -- The Indian stock market is likely to begin the week on a positive note as investors take comfort from a temporary easing in geopolitical tensions, lifting risk sentiment across global markets. Market sentiment strengthened after the Trump administration signaled a pause in further military strikes on Iran to allow diplomatic efforts to continue, easing immediate concerns over a broader regional conflict.

Reflecting the improved mood, Gift Nifty futures are trading around 23,938, compared with the previous Nifty close of 23,767, indicating a gap-up opening for domestic equities.

The diplomatic overture has also triggered a sharp retreat in crude oil prices, with WTI falling more than 6% from recent highs near $93 pe...