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Indian equities are expected to open higher today as Gift Nifty signals gains, tracking overnight strength in Nasdaq and Asian markets. Despite persistent US-Iran tensions, strong Wall Street performance and firm Asian cues are likely to stabilize Sensex and Nifty 50 after Tuesday’s sharp decline.
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Indian markets are set for a rebound after Tuesday’s volatility, supported by global optimism. The overnight surge in U.S. technology stocks and a broad-based rally in Asia have created favorable conditions for domestic equities.
Key Highlights
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Gift Nifty: Trading near 25,672, showing a premium of ~72 points over Nifty futures, indicating a positive start.
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Sensex & Nifty 50: Expected to recover from Tuesday’s steep losses, driven by strong global cues.
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US-Iran tensions: Geopolitical risks remain, but investors are focusing on earnings and growth outlook.
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Nasdaq rally: Tech-led gains lifted investor sentiment worldwide.
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Asian markets: Key indices posted firm gains, reinforcing optimism.
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Dow Jones: Rebounded sharply, adding to global momentum.
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Oil prices: Elevated levels continue to pose inflationary risks.
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Investor takeaway: Cautious optimism prevails; global rallies support recovery, but geopolitical and commodity risks remain watch factors.
Sources: Mint, Business Standard, CNBC TV18
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