Will Nifty Clinch All-Time High As GIFT Nifty Signals Big Gap Up? HUL Q2 Today| Opening Bell Live
The GIFT Nifty is signaling a strong start for Dalal Street, pointing to a 400-point gap-up for the Nifty 50 as trade resumes after the mid-week Diwali break and Tuesday’s symbolic Muhurat session.
The implied open suggested the Nifty could start near record-high territory, just 409 points shy of its all-time peak of 26,277 hit on September 27, 2024. Positive cues have lifted sentiment during the two-day gap — US President Donald Trump’s Diwali celebration at the White House and his statement that India will reduce Russian oil purchases mark a softer diplomatic tone compared to his earlier remarks. Adding to the optimism are reports of potential H-1B visa relief, putting IT stocks in focus today. On the earnings front, Hindustan Unilever (HUL) will announce its Q2 results.
Catch Nandita Khemka in conversation with Chandan Taparia, Senior Vice President & Head of Derivatives and Technical Research at Motilal Oswal, and Anand K. Rathi, Co-Founder of MIRA Money, on Opening Bell Live.