Gift Nifty traded flat at 22,742.50, indicating a muted start for the Indian equity markets. However, the adjusted Gift Nifty level at 8:29 AM suggests a 150-point higher opening for the Nifty 50.
Meanwhile, Nifty 50 index futures on the NSE International Exchange (Gift Nifty 50 Index Futures) were trading at 22,742.5, up 134.5 points (+0.59%), reflecting positive global cues.
Despite Gift Nifty’s flat movement, the adjusted levels indicate that Indian markets could open higher, with traders watching for follow-through momentum at the opening bell. Investors will keep a close eye on global trends, FII flows, and sectoral cues to gauge market direction.
Disclaimer: Stock market investments are subject to risks. Investors are advised to conduct their due diligence before making any decisions.
