Gift Nifty Slips 6 pts On Oct 3: How Is the Indian Stock Market Likely to Open Today?

Indian equity markets are likely to open flat to slightly lower on Friday, as Gift Nifty indicated early morning weakness. Investors will track global cues closely, with key US and Eurozone macroeconomic data scheduled for release later in the day.

Global Data Watch

On the global front, investors are awaiting the release of US non-farm payroll data, Federal Reserve balance sheet data, which could offer fresh cues on the global economic outlook and monetary policy paths.

Asian Market Cues

Markets in the Asia–Pacific region traded on a mixed note on Friday morning.

• Japan’s Nikkei 225 was up 0.42% after the country’s September unemployment rate rose to 2.6%, beating street estimates of 2.4%.
• Australia’s S&P/ASX 200 declined 0.17%.
• Markets in mainland China and South Korea remained closed for holidays.

Wall Street Recap

Overnight, US equities ended at record closing highs, led by gains in technology stocks, even as investors monitored private labor data during the second day of the US government shutdown.

• Nasdaq Composite: +0.39%
• S&P 500: +0.06%
• Dow Jones Industrial Average: +0.17%

Indian Market Recap: October 1

Earlier on Wednesday, benchmark Indian indices snapped their eight-day losing streak after the RBI’s Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5% and maintained a ‘Neutral’ stance.

• BSE Sensex: 80,983.31 (+715.69 / +0.89%)
• NSE Nifty 50: 24,836.30 (+225.20 / +0.92%)

Read More: Upcoming IPOs in October 2025: 3 Key Mainboard Offerings to Watch.

Conclusion

With Gift Nifty pointing to a subdued start, Indian equities are expected to trade cautiously on the last session of the week. Global macroeconomic data and developments in the US will likely drive intraday sentiment, while investors also keep an eye on post-policy domestic trends.

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