GIFT Nifty Signals Positive Open for Indian Markets Amid Mixed Global Cues

Business
M
Moneycontrol•06-01-2026, 07:21
GIFT Nifty Signals Positive Open for Indian Markets Amid Mixed Global Cues
- •GIFT Nifty trading higher at 26,396.50, indicating a positive start for Indian benchmark indices today.
- •Indian markets closed lower yesterday: Sensex down 0.38%, Nifty down 0.30%, dragged by US-Venezuela tensions.
- •US equities (Dow, S&P 500, Nasdaq) closed higher Monday, with Dow hitting an all-time peak after Venezuelan President Nicolas Maduro's capture.
- •Asian equities posted modest gains, while crude oil prices rose 1.7% due to Venezuela developments.
- •FIIs sold Rs 36 crore, and DIIs bought Rs 1764 crore in Indian equities on January 5.
Why It Matters: GIFT Nifty indicates a positive start for Indian markets today, despite yesterday's dip and mixed global cues.
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