Global markets today, July 28 -- The Indian stock market is expected to trade cautiously, balancing an improving geopolitical backdrop against renewed volatility in global technology stocks. The US continues to pause strikes on Iran, keeping hopes of a diplomatic resolution alive, although investors remain cautious as markets await tangible progress in the ongoing negotiations. Early indications from Gift Nifty futures, trading around the 24,000 mark, point to a largely flat start for domestic equities.

Crude oil prices extended their decline as optimism over renewed talks with Iran eased concerns about potential supply disruptions. WTI crude is currently trading in the $81 to $82 per barrel range, offering further relief for India's inf...