Gift Nifty Today: Indian Markets Likely to Open Lower as Global Sell-Off and Gift Nifty Drop Weigh on Sentiment

Asian markets opened in the red, following a major sell-off in the US. Tech and AI stocks dragged global sentiment lower. Japan’s Nikkei fell 1.31%, Topix dropped 1.03%, Kospi slipped 2.51%, and Kosdaq fell 1.42%. Hong Kong futures also pointed to a weaker start.

Gift Nifty 

Gift Nifty traded near 25,848 about 106 points below the previous Nifty futures close, indicating the Indian market may open lower on Friday.

Wall Street Recap

US markets recorded their biggest single-day drop in over a month as inflation concerns reduced hopes of rate cuts.

• Dow Jones: –1.65%
• S&P 500: –1.66%
• Nasdaq: –2.29%

Major tech stocks slid sharply: Nvidia –3.6%, Tesla –6.6%, AMD –4.22%, Broadcom –4.3%, Microsoft –1.54%, Oracle –4.14%. Disney plunged 7.8% and Seagate dropped over 7%.

Sensex, Nifty Ended Flat on Thursday

Indian markets closed almost unchanged due to profit-booking.

• Sensex: up 12.16 pts at 84,478.67
• Nifty 50: up 3.35 pts at 25,879.15

Read More, Bank Holidays in November 2025: Check the Complete List of State-Wise Closures.

US Jobless Claims Ease Slightly

New unemployment filings in the US dipped to 227,543 last week, down from 228,899, showing slight improvement in the labour market.

Gold Prices Edge Higher

Gold rose 0.3% to $4,183 per ounce, recovering slightly after ending its four-day winning streak on Thursday.

Dollar Heads for Weekly Loss

The US dollar weakened to 99.27 against major currencies. The euro traded at $1.1630, sterling at $1.3152, and the yen at 154.58 per dollar.

Conclusion

Global market weakness, heavy selling in tech stocks, and more factors point to a cautious and volatile day for Indian markets. Traders may prefer a stock-specific approach while keeping risk management tight.

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