Business · Markets · 15 hrs ago
GIFT Nifty points to a higher Indian market open as Asian shares rebound
GIFT Nifty futures pointed to a higher open for India’s Nifty 50 on Monday, with the Sensex also expected to rise.
The futures were at 25,094, up 65 points.
The Sensex and Nifty ended Sunday’s special trading session lower, despite reaching intraday highs.
That session marked the start of Samvat 2083, the new year in the Hindu calendar.
Asian markets rebounded after last week’s technology-share selloff, with Japan’s Nikkei and South Korea’s Kospi rising.
Brent crude fell after US President Donald Trump said fresh attacks on Iran were unlikely while negotiations made progress.
The expected Indian market open follows a mixed global picture, with US stock futures also higher and oil prices lower.
GIFT Nifty indicated that India’s Nifty 50 could open higher on Monday, November 9, 2026.
The futures were quoted at 25,094, up 65 points.
Asian markets rebounded after a steep selloff in technology shares the previous week.
Japan’s Nikkei 225 rose 3.22 per cent and South Korea’s Kospi gained 1.22 per cent in early trading.
Oil prices declined after US President Donald Trump said fresh attacks on Iran were unlikely if negotiations made progress.
- Who
- Indian stock markets, including the Nifty 50 and Sensex, were expected to open higher.
- What
- GIFT Nifty indicated a positive open as Asian shares rebounded.
- When
- Monday, November 9, 2026.
- Where
- India and Asia-Pacific markets.
- Why
- GIFT Nifty pointed to a higher open, while Asian markets recovered from a technology-share selloff. Oil prices also declined after remarks by Donald Trump about negotiations with Iran.
This story does not have two clearly opposing sides.
The S&P 500 and Nasdaq Composite closed higher, while the Dow Jones futures fell.
During the special muhurat session, the Sensex and Nifty 50 both ended lower.
GIFT Nifty indicated a positive open for the Nifty 50 as Asian markets rebounded.
- GIFT Nifty
- 25,094, up 65 points
- Nikkei 225
- Rose 3.22 per cent
- Kospi
- Rose 1.22 per cent
- Sensex Sunday close
- 80,999.40, down 28.62 points
- Nifty 50 Sunday close
- 24,986.40, down 43.95 points
- Brent January futures
- $97.37 per barrel, down 0.27 per cent