Share Market Highlights: Taking cues from positive global market movements, Indian stock markets opened on a strong note on Monday. Early trends in the GIFT Nifty had already indicated a firm start for domestic equities. The 30-share Sensex jumped 952 points to 76,135.82, while the NSE Nifty 50 opened 220 points higher at 23,940. Buying interest was seen in banking, IT, and metal stocks, while broader markets also traded in the green during early sessions. Investor sentiment remained upbeat due to supportive global cues and optimism over foreign fund inflows. However, analysts believe market volatility may continue amid rising crude oil prices and concerns over inflationary pressure in the domestic economy. Traders are also expected to remain cautious ahead of key economic data and global developments.

GIFT Nifty Today

The GIFT Nifty is pointing towards a strong start for Indian markets today. It is up nearly 280 points, or 1.18%, and is trading around the 23,970 mark. This signals a sharp gap-up opening for the Nifty 50. Market mood has improved after global crude oil prices fell more than 5%. The decline came after positive developments in US-Iran talks and hopes of smooth oil supply through the Strait of Hormuz. Lower crude prices are giving relief to investors as they reduce inflation worries for India. The GIFT Nifty also touched levels close to the key 24,000 mark in early trade. Strong buying interest is expected during today’s session.

Asian Markets Today

Asian markets traded higher this morning. Investor sentiment improved after crude oil prices fell nearly 5%. Brent crude slipped below the USD 100 per barrel mark. This brought relief to oil-importing countries in Asia. Markets also reacted positively to hopes of a US-Iran diplomatic deal. Investors believe it could ease global oil supply concerns. Japan’s Nikkei 225 jumped more than 2.5%. Strong buying in tech stocks supported the rally. Easing inflation worries also boosted sentiment. Trading volumes remained low in some regions. Markets in Hong Kong and South Korea were closed due to holidays. Australia’s ASX 200 also traded in the green. Gains in financial and tech stocks supported the index.

Crude oil prices today

Global crude oil prices fell sharply this morning. Brent crude dropped nearly 5% and slipped below USD 98.50 per barrel. US benchmark WTI crude also declined over 4.7% and moved closer to USD 92 per barrel. The sharp fall came after reports of progress in US-Iran peace talks. Markets are hopeful that tensions in the region could ease soon. Investors also expect smoother movement of oil shipments through the Strait of Hormuz. The decline in oil prices has reduced concerns over supply disruptions and rising global inflation. Traders believe easing geopolitical tensions could bring more stability to energy markets in the near term.

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