Stock Market LIVE: GIFT Nifty Points to Higher Open; Kospi Surges 12%; Brent Crude Extends Gains

Indian stock markets are poised for a firm start today, supported by global cues. GIFT Nifty is trading at a premium, indicating a positive opening for Nifty 50 and Sensex. The sharp rally in Kospi and continued strength in Brent crude highlight investor confidence across Asia, despite recent volatility.

Key Highlights

• GIFT Nifty: Signals a higher open, trading at a premium over Nifty futures.
• Kospi Index: Surged 12%, marking one of its strongest single-day rallies in recent years.
• Brent Crude: Prices extended gains, driven by supply-side concerns and geopolitical tensions.
• Global Sentiment: Asian equities broadly in the green; Wall Street’s rebound adds further support.
• Domestic Impact: Indian markets expected to benefit from strong global momentum, though volatility may persist due to weekly contract expiry.

Sources: Mint, ET Now, CNBC-TV18, The Hindu BusinessLine