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Indian equities poised for gap-up as GIFT Nifty trends higher
GIFT Nifty suggests a positive December 1 opening after last week’s 474-point Sensex rise driven by strength in financial services stocks.
Trading cues point toward a strong open for Indian equities on December 1, with GIFT Nifty indicating a clear gap up start. This follows a week where the Sensex advanced by 474 points, supported by a notable 2.25% rally in financial services stocks. Early indicators reflect firm sentiment as global flows stay steady and domestic macro signals remain positive ahead of key economic data releases.