Market Rally: Sensex Up 200 Points, Nifty Above 25,050 as SpiceJet Jumps 7%

Indian equities are expected to open flat to slightly higher on Thursday, supported by positive global cues and easing geopolitical tensions.

At 7:26 AM, GIFT Nifty futures were trading up 35 points at 25,156, suggesting a moderately positive start for domestic markets.

Global Market Sentiment

Investor sentiment improved following the Israel-Hamas ceasefire and hostage exchange deal under US President Donald Trump’s Gaza plan, signaling a potential easing of Middle East tensions.

Across Asia:

• China’s CSI 300 rose 0.53%
• Hong Kong’s Hang Seng gained 0.12%

Japan’s Nikkei jumped 1.34%, driven by SoftBank shares surging up to 13% after announcing a $5.4 billion acquisition of Swiss engineering firm ABB’s robotics division, highlighting its AI expansion plans

South Korean markets remained closed for holidays

Overnight in the US:

S&P 500 and Nasdaq hit record highs, led by technology stocks

Dow Jones Industrial Average ended largely unchanged

With official data releases stalled due to the government shutdown, investors focused on the Federal Reserve’s policy meeting minutes for signals on future interest rate decisions.

The positive global momentum and easing geopolitical risks are likely to support a cautious but upbeat opening for Indian markets.