Indian benchmarks poised for higher open as Gift Nifty signals positive start

Nifty 50 futures trade at a premium, suggesting domestic indices will extend recent gains despite mixed global cues.

By Handelsavisen Newsroom · Automated 2026-07-07 01:59 UTC · 1 min read

Indian equity benchmarks are set to open higher on Tuesday, with the Nifty 50 and Sensex expected to extend their recent upward momentum.

The positive sentiment is driven by early trading signals from the global index futures, which indicate a resilient start for domestic markets despite mixed cues from international exchanges.

This represents a premium of approximately 102 points over the Nifty futures, signaling strong buying interest ahead of the market open.

The Gift Nifty, a key indicator for Indian market sentiment, was trading around the 24,584 level.

This represents a premium of approximately 102 points over the Nifty futures, signaling strong buying interest ahead of the market open.

The divergence from global trends suggests that domestic factors are currently outweighing external headwinds.

This development aligns with a broader seasonal trend for the Indian benchmark.