Morning Market Briefing: Nifty Futures Higher; GIFT Nifty Signals Strong Gap-Up Opening

Good Morning Traders! Indian benchmark indices are set for a positive start today following strong cues from global Asian equity markets and a cooling in crude oil prices.

Key Morning Highlights

• GIFT Nifty: Trading up 85 points at 24,940, indicating a gap-up opening for Nifty 50.
• FII & DII Flows: FIIs turned net buyers worth ₹1,240 Cr yesterday, while DIIs bought ₹890 Cr.
• Global Markets: US stocks closed in green overnight with Nasdaq rising 1.2% led by technology heavyweights.
• Crude Oil: Brent crude steady around $78.40 per barrel.

Key Support & Resistance: Nifty immediate support seen at 24,750, resistance at 25,000 psychological level.