Indian equity benchmarks are poised for a gap-up opening, with the Gift Nifty indicating a rise of approximately 100 points ahead of the market session.
The pre-market derivative index reflects broad-based optimism, driven by gains in US equities and supportive signals from Asian peers.
The constructive sentiment is being reinforced by renewed buying interest from foreign portfolio investors (FPIs).
Despite ongoing geopolitical concerns that have periodically weighed on risk appetite, the current wave of global liquidity and tech-sector strength appears to be dominating trader positioning.
Analysts note that technical indicators remain supportive, with key support levels identified around 24,040–24,140 and resistance near 24,530.
This move follows a strong close for global markets on Thursday, where semiconductor stocks led a broad rally fueled by renewed confidence in artificial intelligence demand.