Gift Nifty Slips 38 Points on Oct 23: How Is the Indian Stock Market Likely to Open Today?

Indian equity markets are expected to start slightly lower on Thursday, tracking Gift Nifty following weak global cues and renewed worries over US–China trade tensions. Trading resumes today after markets remained shut on Wednesday, October 22, in observance of Diwali Balipratipada.

Muhurat Trading Recap

During the special Muhurat Trading session held on October 21, 2025, benchmark indices ended marginally higher. The BSE Sensex gained 62.97 points (0.07%) to close at 84,426.34, while the Nifty 50 advanced 25.45 points (0.10%) to finish at 25,868.60.

Global Market Cues

Asian markets opened lower on Thursday, mirroring Wall Street’s overnight losses amid mounting concerns about US–China trade relations.

As of the latest update:

• Japan’s Nikkei 225 slipped 0.10%
• Hong Kong’s Hang Seng fell 0.22%
• South Korea’s KOSPI declined 0.09%

Investor sentiment in the region remains cautious as trade tensions resurface, coupled with subdued earnings expectations in several Asian economies.

Wall Street Recap

US equities closed lower on Wednesday following a volatile session dominated by corporate earnings releases and renewed trade worries. The ongoing US government shutdown, now entering its fourth week, also weighed on investor confidence.

• Nasdaq Composite: down 0.9%
• Dow Jones Industrial Average: down 0.7%
• S&P 500: down 0.5%

Market participants remained wary amid limited clarity on fiscal negotiations and the potential economic impact of the prolonged shutdown.

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Conclusion

Indian markets are set for a subdued opening following weak global cues and heightened geopolitical uncertainty. While domestic sentiment remains buoyed by festive optimism and strong long-term fundamentals, short-term direction will likely be influenced by external factors and quarterly earnings announcements.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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