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Pre-Market Signal · 7:30 AM IST
GIFT Nifty at 24,200 — Nifty 50 expected to GAP DOWN ~180 pts at 9:15 AM NSE open

GIFT Nifty is trading at 24,200 as of 7:30 AM IST, pointing to a sharp gap-down of around 180 points for the Nifty 50 at the 9:15 AM NSE open. Despite a strong overnight rally on Wall Street — where the Dow rose 340 points, Nasdaq surged 1.64% and S&P 500 gained 1.05% — Asian markets are broadly negative this morning. Nikkei, Straits Times and Hang Seng are all in the red, with selling pressure dragging GIFT Nifty significantly lower despite the positive US cues. Elevated Brent Crude above $102 is also adding to the negative sentiment.

Global Cues

US Markets

Dow Jones
+340.65
(+0.69%)
Nasdaq
+397.60
(+1.64%)
S&P 500
+73.89
(+1.05%)

US markets closed strongly in the green overnight. The Dow Jones gained 340 points (+0.69%), the Nasdaq surged 397 points (+1.64%) and the S&P 500 rose 73 points (+1.05%). Despite the positive Wall Street close, GIFT Nifty is trading sharply lower — Asia-specific selling pressure and elevated crude oil above $102 are overwhelming the positive US cues.

Asian Markets

Nikkei 225
-359.86
(-0.61%)
Straits Times
-39.96
(-0.81%)
Hang Seng
-135.24
(-0.52%)
KOSPI
+82.11
(+1.26%)

Asian markets are mostly negative this morning, with the exception of South Korea's KOSPI which is up a strong 1.26%. Japan's Nikkei has fallen 359 points (-0.61%), Singapore's Straits Times is down 0.81% and Hong Kong's Hang Seng is off 0.52%. The negative Asian tone, despite the strong Wall Street close, is adding to the gap-down pressure on GIFT Nifty and Indian equities today.

Crude Oil

Brent Crude
$102.21
(+0.29%)

Brent Crude is trading at $102.21, up 0.29% — crossing above the $100 mark. Elevated crude prices above $100 are a significant headwind for India as a major oil importer, adding to inflation concerns and widening the trade deficit. This is a key factor driving today's sharp gap-down in GIFT Nifty despite the positive overnight US market rally.

Stocks in News

Q4 Results L&T Technology Services

Profit up 6.8% to ₹332.1 crore (vs ₹311.1 crore). Revenue up 8.3% to ₹2,857.9 crore (vs ₹2,637.8 crore). Dividend of ₹40 per share declared for FY26.

Q4 Results SBI Life Insurance

Profit down 1.1% to ₹804.6 crore (vs ₹813.5 crore). Net premium income up 16% to ₹27,683.8 crore (vs ₹23,860.7 crore). Renewal premium up 13.85% to ₹16,714 crore (vs ₹14,680.3 crore).

Q4 Results Oracle Financial Services

Profit up 30.7% to ₹841.7 crore (vs ₹643.9 crore). Revenue up 20.3% to ₹2,065.2 crore (vs ₹1,716.3 crore).

Q4 Results Tata Communications

Profit down 74.7% to ₹263.3 crore (vs ₹1,040.3 crore) — impacted by lower exceptional gains (₹20.3 crore vs ₹577.8 crore prior year). Revenue up 9.4% to ₹6,554.2 crore (vs ₹5,990.4 crore). Dividend of ₹17.5 per share declared.

What to Watch Today

The weak US close and predominantly negative Asian session confirm a gap-down opening for Indian markets today.

Today's Outlook: GAP DOWN ~180 pts expected. Asian markets mostly negative. Brent Crude above $102.