Stock Market LIVE: GIFT Nifty down over 100 points; Asia markets mixed on global bond selloff
Business Standard 1 hr ago·24 Sept 2026, 2:24 am
GIFT Nifty, the Indian stock market's futures contract traded on the Singapore Exchange, is currently trading lower by over 100 points. This decline suggests that domestic equity markets are likely to open on a negative note in the morning session. The drop in GIFT Nifty reflects the current sentiment of foreign investors who often use this contract to gauge the direction of the Indian market before the opening bell.
The primary driver behind this dip is a global bond selloff, which has triggered a risk-off mood across major Asian markets. When global bond yields rise, investors often shift their capital away from riskier assets like equities to safer fixed-income instruments. This global trend can spill over into local markets, causing volatility and putting pressure on indices like the Nifty 50 and Sensex.
For investors, this mixed global environment serves as a reminder to stay cautious. While a single day's drop in GIFT Nifty does not dictate the long-term trend, it highlights the interconnectedness of global markets. Investors should focus on the broader economic indicators and company-specific news rather than reacting impulsively to daily fluctuations in the opening trades.
Key takeaways
- Category: Economy.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
