Gift Nifty signalled a strong start for Indian equities, rising 199 points to 23,943 amid improving global sentiment and easing concerns around geopolitical tensions between the US and Iran. Positive cues from global markets, along with optimism around stable energy prices, boosted investor confidence ahead of the opening bell.
Market sentiment also received support from strong dividend expectations from public sector enterprises. A CNBC Awaaz discussion highlighted the government’s rising dividend receipts over the years, touching nearly ₹2.87 lakh crore in FY26, indicating robust profitability and continued fiscal support.
Experts believe easing geopolitical uncertainty, strong domestic liquidity, and positive global cues could keep momentum intact in the near term. Banking, energy, and PSU stocks are likely to remain in focus as traders track further developments in international diplomacy and crude oil prices.
