Indian Stock Market Braces for Lower Opening on Thursday
The Indian stock market is poised for a gap-down opening on Thursday, driven by mixed signals from global markets and heightened anticipation ahead of the Economic Survey 2025-2026 release later in the day. Investors are closely monitoring key indices, with the Nifty 50 and Sensex expected to start the trading session on a weaker note, reflecting cautious sentiment in the financial landscape.
Gift Nifty Signals Weak Start for Domestic Indices
Market trends from Gift Nifty indicate a subdued beginning for the Indian stock market. As of the latest data, Gift Nifty was trading around the 25,374 level, marking a discount of nearly 76 points from the previous close of Nifty futures. This significant gap suggests that domestic indices might face downward pressure at the opening bell, potentially impacting investor strategies and portfolio adjustments throughout the day.
Global Market Cues Present Mixed Picture
On the global front, Asian markets exhibited a mixed performance during early trading hours, adding to the uncertainty. Meanwhile, the US stock market ended mostly higher overnight, buoyed by the US Federal Reserve's decision to keep interest rates unchanged. This divergence in global cues contributes to the volatile environment, influencing how Indian markets might react in the coming sessions.
Economic Survey 2025-2026 and Union Budget in Focus
Adding to the market's anticipation, Union Finance Minister Nirmala Sitharaman is scheduled to table the Economic Survey 2025-2026 in Parliament today. This key document precedes the presentation of the Union Budget 2026 on Sunday, February 1, and is expected to provide insights into the government's economic outlook and policy directions. Market participants are keenly awaiting this release, as it could shape trading trends and investor confidence in the near term.
Stocks to Watch in Today's Trading Session
Several stocks are likely to be in the spotlight during Thursday's trading, drawing attention from analysts and traders alike. Key companies to monitor include:
- ITC and Tata Motors, which may see activity based on sectoral developments.
- Swiggy and Paytm, as tech and fintech stocks react to market sentiment.
- Canara Bank, Adani Power, and Vedanta, with potential movements in banking and energy sectors.
- Larsen & Toubro, Cochin Shipyard, and Garden Reach Shipbuilders & Engineers, reflecting infrastructure and defense interests.
- Hindustan Zinc, among others, adding to the diversified watchlist for the day.
Investors are advised to stay updated with real-time developments, as these stocks could drive market volatility and offer trading opportunities amidst the broader economic context.
