Indian stocks are likely to start the day on a brighter note after the GIFT Nifty index climbed above 26,000.
What the numbers say
The GIFT Nifty was trading around 26,011, suggesting a firm opening for the Indian market.
Yesterday, the Sensex closed down 780 points (‑0.92%) at 84,181, while the Nifty fell 263 points (‑1.01%) to 25,877.
Why the market slipped yesterday
- Broad selling across most sectors.
- Foreign institutional investors (FIIs) withdrew about ₹3,367 crore.
- Worries about possible new US tariffs and rising geopolitical tensions.
Domestic investors step in
Domestic institutional investors (DIIs) bought roughly ₹3,701 crore of stocks, providing a cushion against the foreign outflow.
Global cues
- Asian markets were mixed as investors waited for US payroll data and a possible Supreme Court ruling on US tariffs.
- In the US, the S&P 500 was flat, the Nasdaq slipped, and the Dow Jones rose modestly.
- The US dollar stayed steady, while most Asian currencies slipped, except the Chinese renminbi.
Commodities snapshot
- Crude oil prices kept climbing on supply concerns.
- Silver fell for the second day as traders re‑balanced commodity portfolios.
Bottom line for traders
With the GIFT Nifty pointing higher, the Indian market could open positively, but the recent foreign sell‑off and global uncertainties mean volatility may remain. Keep an eye on US data releases and any tariff news.
Remember, this is just an overview, not a prediction. Do your own research or talk to a qualified advisor before making any trades.