Markets may open with mild gains as GIFT Nifty trades higher; check key levels here

Markets are poised to open with mild gains today, buoyed by positive signals from GIFT Nifty, which is trading higher. Investors are optimistic following the release of softer-than-expected inflation numbers, which have provided a much-needed boost to market sentiment. This optimism is further bolstered by a reduction in U.S.-China trade tensions, factors that have collectively propelled global markets into a more positive outlook. The S&P 500 and the Nasdaq have both benefited from these developments, with the S&P 500 climbing 0.72%. The easing of trade tensions between the world's two largest economies is seen as a significant step toward stabilizing global trade, which has been under strain in recent years. Market analysts suggest that these factors may continue to influence market performance positively in the short term, encouraging investors to maintain a watchful eye on upcoming economic indicators. As the day unfolds, market participants will closely monitor key levels to gauge the sustainability of these gains. While the current sentiment is upbeat, experts caution that external factors, such as geopolitical developments and further economic data releases, could impact market trajectories. Investors are advised to remain vigilant and consider these dynamics when making trading decisions, as the market landscape continues to evolve.

— Authored by Next24 Live