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GIFT Nifty jumps 200 points signaling a potentially stronger opening for Dalal Street next week

Economy
Published on 1 May 2026
GIFT Nifty jumps 200 points signaling a potentially stronger opening for Dalal Street next week

US Iran tensions and oil prices still loom large

Indian markets may open higher next week as GIFT Nifty rises about 200 points on Friday morning. After a sharp selloff, investor focus is on crude oil prices and global developments, especially worsening sentiment tied to US-Iran tensions. Meanwhile, foreign investors have continued selling, keeping traders cautious ahead of key economic data.

  • GIFT Nifty gains 200 points hint at a higher open
  • Oil prices and global risks remain central to sentiment
  • Recent selloff followed by continued foreign selling
  • Investors will watch key economic data next week
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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