Thursday, 12 November 2026 IPO data updated 8 minutes ago

Stock Market Outlook: GIFT Nifty Signals Gap-Up Start as US and Asian Markets Gain

Stock Market Outlook: GIFT Nifty Signals Gap-Up Start as US and Asian Markets Gain

Indian equity markets are poised for a positive start as early cues from GIFT Nifty indicate a gap-up opening, supported by gains in both US and broader Asian markets.

Investors are taking cues from overnight global rallies, which reflect improved market confidence ahead of the domestic trading session.

At Friday’s close, benchmark indices in India ended with modest gains. The BSE Sensex climbed 266.47 points (0.32%) to 83,580.40, while the Nifty 50 rose 50.90 points (0.20%) to 25,693.70, posting weekly gains of around 1.5% each.

Sectoral performance was mixed, with FMCG, oil & gas, consumer durables, private banks, and realty showing strength, while IT and pharma sectors underperformed.

Major gainers included ITC, Kotak Mahindra Bank, Bajaj Finance, Bharti Airtel, and HUL, while Tech Mahindra, TCS, HDFC Life, Asian Paints and Bajaj Auto lagged.

Market sentiment continues to be shaped by global cues and domestic monetary policy, with traders watching for movements in global equities and sectoral trends to guide the trading session ahead. 

This news is for information only and is not investment advice. Please do your own research before making investment decisions.