Sensex, Nifty set for a bounce after recent slump
After three rough days that erased nearly ₹14 lakh crore from the markets, Sensex and Nifty are expected to open higher on Thursday, with GIFT Nifty up 178 points.
Why does this matter?
Markets look ready for a comeback as oversold conditions near key levels and cheaper stock prices are tempting buyers—and investors appear to be stepping in.
Plus, big Q3 results from companies like IndiGo and Dr Reddy's could shake things up even more.
What's behind the shift?
It's not just local factors—global vibes are helping too.
Wall Street just had its best day in two months after Trump said he had reached a framework for a deal on Greenland and eased trade tensions.
He also told Moneycontrol that a US-India trade agreement is on the way, which has investors feeling optimistic and shifting away from safe-haven assets like gold and silver.