Indian equity benchmarks are set to open higher on Friday, July 3, as positive cues from Wall Street and a decline in crude oil prices bolster investor sentiment.
The Gift Nifty, a key pre-market indicator for the Nifty 50, is trading at a premium, suggesting a gap-up start for domestic indices despite broader losses across Asian markets.
The optimistic outlook follows a strong performance by benchmark indices on Thursday, which closed with significant gains.
Falling oil prices have further supported market mood, reducing input cost pressures for domestic industries and improving the trade balance outlook.
This combination of external equity strength and favorable commodity dynamics has helped sustain buying interest ahead of the session.
While regional peers in Asia have posted losses, Indian markets appear insulated by the positive global risk appetite and domestic momentum.