GIFT Nifty surged to 25,723 points, up 0.6% above the Nifty 50’s last close, propelled by US President Trump’s remarks on an upcoming fair trade deal with India. Asian markets rose alongside, riding on positive global cues and easing concerns over the US government shutdown.
On November 11, 2025, the GIFT Nifty Futures opened strong at around 25,721 points, reflecting a 0.6% gain over the previous Nifty 50 close of 25,574.35. This rally was largely triggered by positive cues from the US, where President Donald Trump hinted at a “very different” and fair trade deal with India, signaling progress in bilateral negotiations.
Trump emphasized that despite past challenges, the US is “close to doing a deal that is good for everybody,” raising market optimism. His remarks came alongside the swearing-in of Sergio Gor as the new US Ambassador to India, underscoring strengthened diplomatic ties.
Asian markets echoed this upbeat sentiment, with Japan’s Nikkei rising 0.56%, South Korea’s KOSPI gaining 2.24%, and Hong Kong’s Hang Seng up 0.4%. The US market also saw sharp gains, fuelled by strong tech stocks and signs of a resolution to the US government shutdown. The S&P 500 rose 1.54%, Nasdaq 2.27%, and Dow Jones 0.81%.
Key Highlights:
GIFT Nifty futures traded at 25,721, 0.6% higher than Nifty 50’s last close
Trump indicated nearing a fair and different trade deal with India
Asian markets gained: Nikkei +0.56%, KOSPI +2.24%, Hang Seng +0.4%
US markets surged on tech stock strength and government shutdown progress
Strong diplomatic tone with new US Ambassador Sergio Gor to India
Sources: Economic Times, Business Standard, NDTV Profit, Reuters, India Today