After a holiday, domestic equity benchmarks Sensex and Nifty are predicted to open on a positive note in today's session. Both US and Asian markets also indicate positive trends. Here's a look at the global key indices, as well as the top gainers and losers of the Nifty 50 index. Additionally, a list of stocks that are likely to be in focus today is provided, including SBI, M&M, Vedanta Ltd, HZL, PNB, CIL, Bharti Hexacom, and more. Stay updated with the latest business news, stock market updates, and personal finance tips on Zee Business.
GIFT Nifty: A Positive Outlook for Indian Equities Post-Holiday
Background:
The GIFT (Gujarat International Finance Tec-City) Nifty is a derivative product that allows Indian investors to participate in Indian equity markets from abroad. It is a globally accessible exchange that operates under the regulatory framework of the International Financial Services Centre Authority (IFSCA).
Positive Market Predictions:
After the holiday, both the Sensex and Nifty are expected to open on a positive note. This optimism is driven by several factors:
Top Gainers and Losers of Nifty 50 Index:
As of the latest available data, the top gainers of the Nifty 50 index include:
The top losers of the Nifty 50 index include:
Stocks in Focus:
The following stocks are expected to be in focus during today's session:
FAQs:
1. What is the purpose of the GIFT Nifty?
The GIFT Nifty allows Indian investors to participate in Indian equity markets from outside India.
2. Is the GIFT Nifty regulated?
Yes, the GIFT Nifty is regulated by the International Financial Services Centre Authority (IFSCA).
3. What are the benefits of investing in the GIFT Nifty?
Investing in the GIFT Nifty provides global access to Indian equity markets, tax benefits, and diversification.
4. What factors influence the performance of the GIFT Nifty?
The performance of the GIFT Nifty is influenced by global market trends, domestic economic factors, and corporate earnings.
5. Is the GIFT Nifty a good investment option?
The GIFT Nifty can be a good investment option for investors who are looking for exposure to the Indian equity markets but are not based in India. However, as with all investments, it is important to conduct thorough research and consult with a financial advisor before making any decisions.
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