Global market signals remain mixed in early trade. GIFT Bank Nifty Futures surged 1.24% to 60,998, indicating a firm opening for banking stocks, while Sensex Futures rose 0.77%, pointing to mild bullish sentiment in frontline equities. The Bankex index of BSE (Bombay Stock Exchange) also advanced 0.94%, suggesting continued strength in financial counters.
However, global cues turned volatile after TSX 60 Futures plunged sharply by 85.71%, triggering caution across international desks. Analysts say the sharp fall may be data-linked or technical, and traders should watch institutional flows, currency movement, and global risk sentiment before taking aggressive positions.
Market participants now await opening bell confirmation, with banking, large caps, and global-linked sectors expected to drive early momentum.
