Indian fairness markets are set for a robust opening on Tuesday, monitoring constructive world sentiment and robust shopping for curiosity from international traders. The GIFT Nifty, which serves as an early indicator for the Nifty50, is up by 67 factors at 23,762, suggesting a constructive begin for Dalal Avenue. Market momentum stays buoyant because the benchmark indices prolonged their profitable streak for the sixth consecutive session on Monday, pushed by strong performances in banking and IT shares.
Market recap: Bulls lengthen rally
On Monday, the BSE Sensex surged by 1,078.87 factors, or 1.40 per cent, to shut at 77,984.38, whereas the Nifty50 jumped 307.95 factors, or 1.32 per cent, to settle at 23,658.35. Monetary and IT shares led the rally, supported by robust inflows from each international and home traders. FIIs had been web patrons, infusing Rs 3,055.76 crore into equities, whereas DIIs bought shares price Rs 98.54 crore.
Technical outlook: Key ranges to look at
Analysts anticipate the market to take care of its upward trajectory because the Nifty has reclaimed its 200-day DEMA, a vital technical indicator reinforcing bullish sentiment. In accordance with Osho Krishan, Senior Analysis Analyst at Angel One, “The Nifty has convincingly surpassed 23,650, reinforcing robust shopping for momentum. Merchants ought to look ahead to fast resistance round 23,800, whereas key assist lies within the 22,250-22,230 zone.”
World cues: Optimistic sentiment prevails
US Markets: Wall Avenue ended on a robust notice, with the S&P 500 gaining 1.76 per cent, the Nasdaq surging 2.27 per cent, and the Dow Jones rising 1.42 per cent. The rally was fueled by optimism surrounding commerce insurance policies and robust performances from tech giants Nvidia and Tesla.
Asian Markets: Early tendencies recommend a combined begin in Asian markets. Whereas Australia’s S&P/ASX 200 rose 0.6 per cent, Hong Kong’s Hold Seng futures dropped by 1.5 per cent.
Commodity watch: Gold edges decrease, rupee good points
Gold costs slipped as US President Donald Trump’s feedback eased issues over commerce tariffs. In the meantime, the Indian rupee strengthened considerably, climbing to 85.6350 towards the greenback—its highest degree in 2025 thus far.
Shares in focus
IndusInd Financial institution stays beneath the F&O ban record, limiting by-product buying and selling exercise. Traders may also monitor actions in BFSI and IT shares, which have been pivotal in driving market good points.
Outlook for the day
With robust world cues and continued FII shopping for, Indian markets are poised for a agency opening. Merchants ought to stay cautious close to resistance ranges whereas capitalizing on the continued momentum.