Markets are expected to start the new month on a positive but volatile note, supported by strong global cues and a higher GIFT Nifty indication.
Key Market Triggers
1. GIFT Nifty Signals Gap-Up Opening
GIFT Nifty was trading about 200 points higher, indicating a potential positive opening for the Nifty 50 around the 23,750–23,850 zone.
2. Strong US Market Support
Wall Street ended higher, with gains in the Dow Jones and Nasdaq, improving global risk sentiment and supporting Indian equities.
3. FII Selling vs DII Buying
A major concern remains heavy foreign investor selling. However, strong domestic institutional buying has continued to absorb the pressure and support benchmark indices.
4. Crude Oil Remains a Key Factor
Oil prices have softened recently, which is generally positive for India as a large oil importer. Lower crude can help reduce inflation concerns and support market sentiment.
