D-Street braces for gap-down opening on negative GIFT Nifty cues
Economic Times 4 hrs ago·6 Nov 2026, 12:30 am
Indian markets are set to open lower on Friday, following a negative signal from the GIFT Nifty index. This suggests investors are cautious ahead of the session, likely reacting to global headwinds or profit booking after recent gains.
The negative cue comes as global sentiment remains fragile. While domestic factors like strong foreign inflows and falling crude oil prices have supported the market recently, international volatility can still weigh on investor sentiment and trigger early selling pressure.
Investors should monitor the opening moves closely. A sustained gap-down opening could indicate a shift in sentiment, while a quick recovery might suggest that domestic buying interest remains strong despite the global noise.
Excerpt from Economic Times
On Thursday, the Nifty index exceeded 24,000 for the first time in nearly two months. This rise was supported by falling crude oil prices and substantial foreign institutional investments. Analysts expect Indian equities to maintain a positive trend as the festive season approaches. The rupee also appreciated slightly…Read the original at Economic Times
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