Indian stock markets are expected to open higher on Thursday, buoyed by positive global cues, continued foreign investor support, and easing geopolitical concerns, particularly between the United States and China. The upbeat sentiment follows a strong rally that saw benchmark indices touch record highs in the previous session.
The BSE Sensex surged past the 80,000 mark for the first time in 2025, with both the Sensex and Nifty registering their best closings of the year. Over the last seven sessions, the Sensex has jumped more than 8%, adding nearly ₹36.65 lakh crore to investor wealth.
Foreign Investor Buying Continues
Foreign portfolio investors (FPIs) remained net buyers for the sixth consecutive session, pumping ₹3,333 crore into Indian equities on Wednesday, according to provisional exchange data. A combination of a weakening US dollar and India’s robust economic outlook has sustained the interest of overseas investors.
At 8:01 am, Gift Nifty futures were trading at 24,415.5, indicating a positive opening for domestic markets. This is about 0.3% higher than Wednesday’s Nifty50 close of 24,328.95.
VLA Ambala, Co-Founder of Stock Market Today, noted that ongoing trade discussions between the US and China are being closely watched. “China’s recent call for dialogue instead of pressure tactics comes after former US President Donald Trump floated the idea of tariff reductions on Chinese imports. Any progress in these talks could influence global market trends,” she said.
She also mentioned that key support for the Nifty lies at 24,150, 24,020, and 23,930, while resistance is likely at 24,500 and 24,670 during the intraday session.
Positive Cues from Global Markets
Investor sentiment received a boost after US Treasury Secretary Scott Bessent acknowledged that the current tariff levels between the US and China are unsustainable, suggesting potential softening in trade policy. Additionally, President Trump clarified that he does not plan to replace the Federal Reserve Chair, calming market nerves.
US equities ended higher overnight, lending support to global markets, though early trade in Asia showed a mixed picture. The MSCI Asia ex-Japan index dipped by 0.3%, indicating a cautious start in the region.
Corporate Earnings and Derivatives Expiry in Focus
Back home, attention will turn to quarterly earnings from major FMCG players such as Hindustan Unilever and Nestle India. Their financial performance could influence sentiment in the broader consumption space.
