Market wrapBusinessLine
Nifty set to open with 300-point gain
Positive0
GreyOak summary
Indian markets are expected to open higher with a 300-point gain as crude oil prices fell and foreign investors resumed aggressive buying. WTI crude dropped to $86 while Brent eased to $91–92, easing inflation concerns. Nifty 500 P/E multiples declined to 21x, and analysts anticipate sustained rallies driven by improved earnings and potential tax policy changes.
What it affects
- NIFTY 50Positive 0
Expected to open with 300-point gain.Rolling sentiment Positive +40