🌏 Global Cues + 🔮 GIFT Nifty (pre-open) GIFT Nifty: Gift Nifty ~25,975–25,990 (green; signaling a positive bias for the open). Macro tone: Asia growth upgraded; Indian indices eye record-zone if 25,800–26,000 holds as a base. Crude (Brent) ~$61/bbl; softer overnight—supportive for India. 🇮🇳 Current Key Levels (previous close reference) Nifty 50: 25,709.85 (Fri close). […]
🌍 Global Market Highlights The International Monetary Fund (IMF) has upgraded Asia’s growth forecast for 2025 to 4.5%, up 0.6 percentage points from its April estimate, noting strong exports and intra-regional trade. The IMF also cautions that global risks remain, especially from trade policies (notably U.S.), rising interest rates, and geopolitical tensions. Global equity indices vary: while
🌍 Global Cues & Market Sentiment The Indian market extended its Diwali-week rally amid easing US bond yields and strengthening flows into India. US inflation signs and improved US-India trade optimism added to sentiment. The rupee ended the day near ₹87.975/$, slightly weaker but within an acceptable range. 📊 Closing Levels & Key Support/Resistance Takeaway:
🌍 Global Cues at the Open Wall Street finished lower overnight on renewed US bank worries and persistent US– China trade tensions; Asia is softer this morning. That’s tilting early sentiment defensive in India. Oil: Brent is drifting and on pace for a weekly loss; latest prints near $61–62/bbl as surplus worries linger. Rupee: After a
🌍 Global Cues & Market Sentiment Global markets made fresh gains as hopes of a US rate cut and strengthening domestic flow into India bolstered sentiment. The Indian rupee firmed to ~₹87.74 per USD on reports of central-bank dollar intervention. Oil remains reasonably soft, and this mix of factors helped Indian benchmark indices surge. 📊
🌍 Global cues at the open Global risk tone is supportive: Asia is in the green as traders price in Fed cut hopes, while oil stays near the low-60s. The rupee strengthened sharply on Wednesday after RBI intervention (breached ₹88 briefly), easing FX nerves into today. 📍 GIFT Nifty indication (pre-open) GIFT Nifty ~25,465 around 07:35 IST,
