Indian equity benchmarks are poised to open higher on Thursday, July 2, supported by positive global market signals.
The Gift Nifty, a key indicator for the Indian market's opening direction, was trading at a premium ahead of the session.
5 level, representing a gain of approximately 95 points over the previous close of Nifty futures.
The indicator was quoted around the 24,187.5 level, representing a gain of approximately 95 points over the previous close of Nifty futures.
This premium suggests that foreign investors and domestic traders are positioning for a bullish start, tracking the broader sentiment from overseas exchanges.
The positive outlook comes as markets digest recent global developments.
While the specific drivers of the global rally are not detailed in the immediate pre-market data, the consistent premium in the Gift Nifty indicates sustained buying interest in Indian equities.