Dalal Street set for strong start: GIFT Nifty surges 1.5%, global markets rally
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Indian stock market is likely to open sharply higher on Thursday, November 5, following a strong rally in global markets.
- ✓GIFT Nifty was trading around 24,306, up nearly 356 points.
- ✓This positive trend follows a session where the Sensex rose 383.55 points and the Nifty 50 gained 149.75 points.
Story at a Glance
- Category
- MARKET
- Reported By
- Zee Business
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
The Indian stock market is likely to open sharply higher on Thursday, November 5, following a strong rally in global markets.
GIFT Nifty
GIFT Nifty was trading around 24,306, up nearly 356 points, or 1.50 per cent, from the previous close of Nifty futures. This signals a strong start for the benchmark indices, Sensex and Nifty 50.
Previous session recap
The domestic market ended higher in the previous session, extending its gains.
The 30-share BSE Sensex rose 383.55 points, or 0.50 per cent, to settle at 77,301.40. The NSE Nifty 50 gained 149.75 points, or 0.63 per cent, to close at 23,960.60.
Global markets today
Global markets rallied sharply overnight, with US stocks posting strong gains.
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Zee Business
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