Global EconomyEconomic Times•1 min read•10/16/2026 (2h ago)

D-St set for a positive opening as GIFT Nifty signals firm start

D-St set for a positive opening as GIFT Nifty signals firm start
60-Word AI Digest

On Thursday, market indices Nifty and Sensex experienced notable advances, illustrating a surge in local investor confidence. The Nifty surpassed the 23,000 mark, buoyed by strong domestic demand and robust tax revenue. Experts predict that the market may undergo a period of consolidation amid recovery efforts and selling pressures. While foreign portfolio investors engaged in net...

Key Takeaways

  • On Thursday, market indices Nifty and Sensex experienced notable advances, illustrating a surge in local investor confidence.
  • The Nifty surpassed the 23,000 mark, buoyed by strong domestic demand and robust tax revenue.
  • Experts predict that the market may undergo a period of consolidation amid recovery efforts and selling pressures.

On Thursday, market indices Nifty and Sensex experienced notable advances, illustrating a surge in local investor confidence. The Nifty surpassed the 23,000 mark, buoyed by strong domestic demand and robust tax revenue. Experts predict that the market may undergo a period of consolidation amid recovery efforts and selling pressures. While foreign portfolio investors engaged in net selling, domestic institutions stepped up as net buyers.

Original Publisher Attribution

This summary was curated from Economic Times.

Read Original on Economic Times
D-St set for a positive opening as GIFT Nifty signals firm start — Loop60