Following an extended weekend, the GIFT Nifty reflected a subdued start for the Indian equities. During the early session, the benchmark index remained range bound, indicating a tentative stance. However, renewed buying interest emerged in the latter half, bolstering market sentiment and driving broader participation. Strong momentum in key sectors contributed to the recovery, enabling the Nifty50 to close the day on a positive note. The benchmark gained slightly above 1 percent, settling around the 22970 level, signaling cautious optimism among investors.
