1 month ago
GIFT Nifty Opens Lower, 72 Points Down Amid Global Uncertainty
The GIFT Nifty, a key Indian stock index, started the day a little lower, dropping 72 points.
This happened after a big jump the day before.
Traders were nervous because the U.S. kept its interest rates the same and said future changes would depend on data.
In Asia, Japan’s market went up while South Korea’s market fell a lot.
Big investors in India bought a lot of stocks, showing they still trust the market.
The news also mentioned worries about the Middle East and how much companies are spending on artificial intelligence.
All of these things made the market cautious.
GIFT Nifty traded at 24,230.5, down 72.5 points (0.30%) at 7:40 am IST.
Indian markets expected a cautious opening after Wednesday’s rally.
US Federal Reserve kept rates unchanged, signalling data‑dependent future policy.
Asian markets mixed; Nikkei up, KOSPI down 12% weekly, MSCI Asia‑Pacific up 1%.
Institutional investors bought Rs 2,982 crore (FIIs) and Rs 998 crore (DIIs) in the prior session.
- Who
- Indian institutional investors and global market participants
- What
- GIFT Nifty opened 72 points lower at 24,230.5
- Where
- Indian equity markets, with global market context
- When
- 7:40 am IST on Thursday, July 30, 2026
- Why
- Mixed global cues, unchanged US rates, geopolitical tensions, and AI valuation concerns
Key facts
- Opening level
- 24,230.5
- Change
- -72.5 points (0.30%)
- US Fed rate
- 3.50%-3.75%
- FIIs net purchase
- Rs 2,982 crore
- DIIs purchase
- Rs 998 crore
Quotes
Ponmudi R
CEO of Enrich Money
“The 24,300-24,400 zone remains the immediate resistance as it coincides with the 200-day EMA. A decisive move above this range could pave the way for 24,500-24,600. On the downside, 24,150-24,000 is expected to act as the first support zone, while a break below 24,000 could trigger profit booking toward 23,900-23,800.”
news18.com
US President Donald Trump
President of the United States
“going to get a beating”
news18.com










