GIFT Nifty, Global Markets Point to Bullish Opening for India Today

• GIFT Nifty trading higher at 26,534, indicating a strong opening for Indian benchmark indices Sensex and Nifty on January 5.
• Indian benchmarks closed higher on January 2, with Nifty hitting a fresh all-time high of 26,340 intraday, led by broad-based buying.
• Broader indices like Nifty midcap and smallcap also outperformed, with midcap hitting a new high.
• Asian and US equities ended higher, with US markets snapping a four-day losing streak and recording double-digit gains in 2025.
• Foreign Institutional Investors (FIIs) turned net buyers on January 2, purchasing equities worth Rs 289 crore, while DIIs bought Rs 677 crore.

Why It Matters: Positive global cues and FII buying suggest a strong opening for Indian markets today.