US markets edged higher, with the Nasdaq Composite hitting a fresh all-time intraday high, while crude oil prices fell sharply as reports of a possible diplomatic opening between the US and Iran eased geopolitical risk concerns. In India, FIIs were net sellers of ₹3,809.99 crore, while DIIs bought ₹4,120.07 crore on a provisional basis. Markets will track US Flash Manufacturing and Services PMI data on Wednesday, along with a speech by Federal Reserve Governor Michael Barr. Meanwhile, Pakistan is continuing efforts to mediate between Iran and the US as the conflict in West Asia approaches seven months.