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GIFT Nifty signals positive start for Sensex and Nifty amid global market rebound
M
Moneycontrol•16-10-2026, 08:26
GIFT Nifty signals positive start for Sensex and Nifty amid global market rebound
- •GIFT Nifty was trading up 84 points at 23,072, signaling a strong opening for Indian benchmark indices Sensex and Nifty following Thursday's sharp rally.
- •Asian equities advanced and Wall Street gained overnight, helping lift market sentiment after recent technology-stock selloffs.
- •Foreign institutional investors sold equities worth Rs 5,285 crore, while domestic institutional investors bought shares worth Rs 3,319 crore in the previous session.
- •Brent crude futures eased slightly to $105.51 a barrel, though elevated energy prices, geopolitical uncertainty, and persistent FII selling remain key risks.
Key Questions Answered
Indian benchmark indices are expected to open higher due to a positive signal from GIFT Nifty, supported by an Asian market rebound following a tech stock sell-off, overnight Wall Street gains, and a modest decline in crude oil prices.
Foreign institutional investors sold equities worth approximately Rs 5,285 crore, whereas domestic institutional investors bought shares valued at around Rs 3,319 crore.
Experts note that elevated energy prices, persistent foreign institutional selling, and geopolitical uncertainties remain major risks that could limit a sustained advance for Indian equities.
