NIFTY futures traded at Gift City suggest that Indian equity markets will open higher on Monday, October 5, 2026. This positive outlook follows strong cues from Asian markets, easing bond yields in the United States, and a drop in global crude oil prices.
- Gift NIFTY futures rose 115 points to 22,645, indicating a gap up opening.
- Foreign institutional investors sold shares worth ₹9,484.22 crore on Thursday.
- Domestic institutional investors bought shares worth ₹10,041.84 crore on the same day.
- Indian benchmarks fell for four consecutive sessions before this positive signal.
- US jobs data and declining crude prices eased rate hike concerns.
Why are NIFTY futures indicating a gap up opening?
Gift NIFTY futures advanced by 115 points to reach 22,645, signaling a likely gap up opening for the Indian stock market. This rise is supported by positive trends in Asian markets, where indices like Japan's Nikkei surged 2.6%, and South Korea's KOSPI gained 0.5%. Additionally, easing bond yields in the US and a drop in crude oil prices contributed to this optimistic outlook.
What caused the recent decline in Indian equity benchmarks?
Before this positive signal, Indian equity benchmarks experienced a decline for four straight sessions. The SENSEX fell as much as 1,187 points, and the NIFTY50 index touched an intraday low of 22,217. This drop was mainly due to a surge in US bond yields, continuous selling by foreign institutional investors, and rising crude oil prices globally. Major companies like Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, ITC, ICICI Bank, Maruti Suzuki, and Bharti Airtel contributed to the losses.
How did foreign and domestic investors behave recently?
On Thursday, foreign institutional investors sold shares worth ₹9,484.22 crore, indicating cautious sentiment. In contrast, domestic institutional investors bought shares worth ₹10,041.84 crore, showing confidence in the market. This mixed activity reflects differing views on market prospects.
What are the global factors influencing the Indian market?
Global factors such as the US jobs report and crude oil prices have a significant impact on Indian markets. The US jobs data for September showed fewer workers added than expected and slower wage growth. This reduced the likelihood of an October interest rate hike by the Federal Reserve. Consequently, Asian markets mostly traded higher, with Australia's S&P ASX 200 rising 0.3% and the US stock indices closing near record highs. Additionally, crude exports from the region have increased, exceeding pre-war levels, which affects global oil prices.
What is the outlook for the Indian stock market?
Given the positive signals from NIFTY futures and supportive global cues, the Indian stock market is expected to open higher on October 5, 2026. However, investors should remain cautious as previous sessions showed volatility due to international factors and investor behavior.
