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.
Indian benchmark indices Sensex and Nifty 50 opened lower on Tuesday, April 28. Sensex slipped 0.27% to 77,094.79, while Nifty 50 fell 0.18% to 24,049.90. Early trading on Gift Nifty pointed to a negative start, indicating investors may face a cautious session as market sentiment turns soft.
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Indian benchmark indices Sensex and Nifty 50 are expected to open lower on Tuesday, with Gift Nifty indicating a negative start. Gift Nifty is trading around 23,999, down about 94 points or 0.39%. The move comes after gains in the previous session, raising questions about whether the momentum will hold or fade early in trading.
Indian markets ended higher Monday, with Nifty up 0.8% after a steady session. But analysts warn bears could reassert pressure at the open, as global cues and Gift Nifty suggest volatility ahead. Attention turns to renewable energy and metals, alongside potential summer-demand beneficiaries. Traders are watching key levels closely for direction.
GIFT Nifty jumped about 110 points on renewed Iran US peace talk hopes, lifting market sentiment after recent weakness. Traders are now watching whether positive global cues can help Nifty 50 reclaim 24,000 on Monday, despite ongoing pressure from IT-led selling that has contributed to the pullback.
Indian markets are expected to start higher on Friday, with Gift Nifty indicating a positive opening for Nifty 50 and Sensex. The outlook comes even as crude oil prices spike and US-Iran tensions intensify in the Middle East, creating a volatile backdrop. Traders will now watch how global cues and risk sentiment balance at open.
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