Indian equity markets opened yesterday with a strong gap-up and extended gains throughout the session. The Indian Rupee appreciated from lower levels, boosting investor sentiment significantly. Foreign portfolio investors were net buyers, adding to the positive market momentum. Analysts suggest the index may head towards key resistance levels soon. The India VIX, a fear gauge, also saw a notable decline.

Gift Nifty signals a higher opening as softer crude and global gains lift sentiment. F&O expiry, Q1 earnings, FPI flows and oil prices remain key market triggers.

Gift Nifty signals a positive opening for Indian markets as strong IIP data boosts sentiment. Investors await the US Fed decision amid West Asia tensions.