The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,438 level, a premium of nearly 20 points from the Nifty futures’ previous close.

Indian equity benchmarks, Sensex and Nifty 50 opened marginally higher ahead of the Economic Survey 2025, and tracking gains in global markets. Optimism is also brewing as investors look for potential catalysts in the upcoming Union Budget. Construction, IT, and auto stocks steered the rally, while financials and metals weighed on the benchmarks.

Indian benchmark indices opened flat on Thursday, tracking the subdued movement of Asian markets, as the US Federal Reserve kept interest rates unchanged and offered little insight into future rate cuts.