Nifty 50 and Bank Futures Edge Higher in Pre-Open Trade

Indian markets opened the week with modest gains in pre-open trade, reflecting cautious optimism among investors. The Nifty 50 index (.NSEI) edged up 0.06%, while Nifty Bank futures (NBNCI) also gained 0.06%. Notably, Nifty 50 futures (NIFCI) rose 0.42%, signaling stronger momentum ahead of the trading day.

Market experts attribute the uptick to supportive global cues, steady foreign inflows, and expectations around corporate earnings. With volatility in global equity markets and crude oil prices, investors remain watchful, but the early signs point to resilience in Indian benchmarks.

Key Highlights

• Nifty 50 Index: Up 0.06% in pre-open trade.
• Nifty Bank Futures: Gained 0.06%, reflecting stability in banking stocks.
• Nifty 50 Futures: Advanced 0.42%, indicating stronger investor sentiment.
• Drivers: Global cues, foreign inflows, and corporate earnings outlook.
• Investor Mood: Cautious optimism with focus on sectoral performance and macroeconomic indicators.

Sources: Reuters, Business Standard, Economic Times