Global Markets Flash Bullish Signals Ahead of India's Friday Opening

Wall Street’s overnight strength, coupled with climbing GIFT Nifty futures and steady Asian momentum, is setting the stage for an upbeat session in Indian equities. The rally is being fueled by surging expectations for a December rate cut from the Federal Reserve, though emerging concerns about potential U.S.-India trade negotiations could temper some of the gains.

U.S. Markets Post Another Day of Strength

U.S. equity indexes ended Wednesday with broad-based gains, marking their fourth consecutive day in positive territory. Dovish signals from Federal Reserve officials continued to reinforce investor confidence in near-term rate cuts. The Dow Jones Industrial Average climbed 314.67 points (0.7%) to settle at 47,427.12, while the Nasdaq surged 189.10 points (0.8%) to 23,214.69. The S&P 500 advanced 46.73 points (0.7%), closing at 6,812.61.

What’s particularly striking is the dramatic shift in rate-cut expectations. CME Group’s FedWatch Tool now shows an 82.9% probability of a quarter-point rate reduction next month—a significant jump from just 30.1% one week prior. This swing reflects how quickly sentiment has shifted following weaker-than-expected economic data.

Indian Indexes Cap a Strong Wednesday Session

India’s benchmark indexes mirrored the global bullish mood. The BSE Sensex surged 1,022.50 points (1.21%) to conclude at 85,609.51, while the NSE Nifty50 climbed 320.50 points (1.24%) to finish at 26,205.30. The rally was driven by broad-based institutional buying and improved FII inflows, as investors grew increasingly confident about global monetary easing.

Declining crude oil prices—supported by progress in Russia-Ukraine peace negotiations—also lifted sentiment across the board. These tailwinds suggest that Thursday could see continued momentum, though trade deal uncertainties remain a potential headwind.

Corporate Movers to Watch

Several individual stocks are poised to command investor attention. Whirlpool is expected to see significant trading activity following reports that its promoter plans to divest a 7.5% stake through a block deal priced at Rs 1,030 per share.

Oberoi Realty has signed a redevelopment agreement for a substantial land parcel along Mumbai’s Nepean Sea Road, signaling expansion in premium real estate.

Meanwhile, Salasar Techno Engineering has secured two contracts worth approximately Rs 695 crore from Rail Vikas Nigam Ltd., reflecting continued strength in infrastructure-linked businesses.

What Friday Quotes May Bring

As Indian markets open Friday, positive cues from overnight global action suggest a constructive trading environment. The combination of Fed rate-cut optimism and strong FII positioning could drive continued upside, assuming trade-related headlines don’t derail the narrative.