Jun 26, 01:23 AM

GIFT Nifty Points to Third Straight Rise for Indian Equities

Indian equity benchmarks are poised for a positive start on Thursday, with the GIFT Nifty hovering around 25,306—roughly 40–46 points above Wednesday’s Nifty futures close—signalling follow-through buying after two days of gains. On Wednesday the Sensex advanced 700.40 points, or 0.85%, to 82,755.51, while the Nifty 50 added 200.40 points, or 0.80%, to 25,244.75, buoyed by heavyweights Titan and Mahindra & Mahindra. A third consecutive rise would take the indices deeper into record territory. Broader risk sentiment remains underpinned by firmer Asian shares and a modest uptick in crude prices after U.S. inventory data showed a larger-than-expected draw, even as traders monitor the fragile Israel-Iran cease-fire and further comments from Federal Reserve Chair Jerome Powell on the economic outlook.

#Nifty #Sensex #Titan #Asian #Federal Reserve #Jerome Powell

Written with ChatGPT .

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GIFT Nifty Points to Third Straight Rise for Indian Equities

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