Business · India Bureau
Indian equities poised for gains as Asian markets rally, oil prices surge
The GIFT Nifty futures pointed to a positive opening for Indian benchmark indices on Thursday, tracking broader strength across Asian markets and elevated global crude oil prices.
LSN India ·
Indian stock markets appeared set for a positive start on Thursday, with GIFT Nifty futures signalling gains for the Nifty50 index at the opening bell. The early momentum reflected broader strength across Asian equity markets, which advanced during regional trading sessions.
Global commodity markets also remained in focus, with Brent crude oil prices climbing above the $95 per barrel mark. The elevated energy prices added to the list of factors influencing investor sentiment across Asia-Pacific markets on the trading day.
The positive cues from overnight Asian trading and commodity markets suggested retail and institutional investors in India could expect an upbeat tone for equities when trading commenced on Thursday morning. Market participants continued to monitor global economic developments and crude oil trajectories for further directional cues.