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GIFT Nifty Signals Firm Indian Opening as Crude Prices Ease
Indian stock markets may open higher because a market indicator called GIFT Nifty was rising.
Oil prices were slightly lower, which can support markets.
Asian markets were mostly positive in early trading.
United States shares also finished higher in the previous session.
However, United States government bond yields reached their highest level in about three years.
Higher yields can make investors more cautious.
Foreign and domestic institutional investors both bought Indian shares on September 2.
The Sensex and Nifty 50 had fallen in the previous trading session.
GIFT Nifty rose 117 points, or 0.45%, to 24,082, signaling a positive Indian market opening.
The Sensex and Nifty 50 fell 0.49% and 0.59%, respectively, in the previous session.
Asian markets were mostly higher, while United States markets closed higher and stock futures remained largely flat.
The United States 10-year Treasury yield reached 4.818%, its highest level since November 2023, before easing to 4.78%.
Foreign institutional investors and domestic institutional investors were net buyers of Indian equities worth Rs 6,688 crore and Rs 2,813 crore, respectively.
- Who
- Indian markets, global investors, foreign institutional investors, domestic institutional investors, and major global markets.
- What
- GIFT Nifty signaled a firm opening for Indian equities amid mostly positive global trading and slightly lower crude prices.
- Where
- Indian stock markets and major Asian and United States financial markets.
- When
- September 3, 2026; the latest institutional-investor data is from September 2.
- Why
- Lower crude prices and stronger global markets supported sentiment, while elevated United States bond yields reflected inflation and government-debt concerns.
Key facts
- GIFT Nifty
- Up 117 points, or 0.45%, at 24,082.
- Previous Sensex close
- 76,570.35, down 373.93 points, or 0.49%.
- Previous Nifty 50 close
- 23,914.45, down 141.35 points, or 0.59%.
- United States 10-year yield
- Reached 4.818% before easing to 4.78%.
- Brent crude
- Trading at $95.30 a barrel, down 0.35%.
- Foreign institutional investors
- Net buyers of Rs 6,688 crore in Indian equities on September 2.
- Domestic institutional investors
- Bought shares worth Rs 2,813 crore on September 2.
Sources
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