Gift Nifty signals positive start for the day; here's the trading setup for the session - The Economic Times
Indian equity markets are expected to begin the trading session on a cautious note, as indicated by Gift Nifty trends pointing to a negative opening. Weak signals from global markets, mixed cues from Asian peers, and uncertainty around interest rate movements continue to influence investor sentiment. Wall Street’s overnight performance reflected nervousness over inflation data and bond yield movements, which may spill over into domestic trading. Market participants are likely to remain selective, focusing on stock-specific developments rather than broad-based buying. Key sectors such as IT, banking, and metals may witness volatility amid global economic concerns and currency movements. Analysts suggest that while short-term pressure could persist, strong domestic fundamentals and steady institutional participation may limit deeper losses. Investors are advised to track global indices, crude oil prices, and foreign institutional investor activity closely, as these factors will shape market direction through the day.
The Key points
- Gift Nifty indicates a muted to negative market opening.
- Global markets show mixed and cautious sentiment.
- US bond yields and inflation concerns weigh on equities.
- Asian markets trade with limited risk appetite.
- IT and banking stocks may see early volatility.
- Crude oil price movement remains a key trigger.
- Foreign institutional investor activity is closely watched.
- Domestic macro fundamentals provide some support.
- Stock-specific action likely to dominate the session.
- Experts advise cautious trading with strict risk management.
Disclaimer: This preview includes title, image, and description automatically sourced from the original website (economictimes.indiatimes.com) using publicly available metadata / OG tags. All rights, including copyright and content ownership, remain with the original publisher. If you are the content owner and wish to request removal, please contact us from your official email to no_reply@newspaperhunt.com.
