# GIFT Nifty trades higher as Dalal Street poised for positive start

> GIFT Nifty rises 0.59% signaling positive market opening for Monday.
- Title: GIFT Nifty trades higher as Dalal Street poised for positive…
- Summary: GIFT Nifty rises 0.59% signaling positive market opening for Monday. GIFT Nifty trades higher by 133.5 points at 22,624.5, indicating Dalal Street will open…
- Keywords: gift nifty, nifty, dalal street, monday, market opening, indian equities, foreign portfolio investors, rupee, money, business, GIFT, trades
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/news/pre-market-action-heres-the-trade-setup-for-todays-session/articleshow/134683223.cms
- Author: Akash Podishetti
- Published: 2026-10-05T00:30:00+00:00
- Read time: 1 min
- Topics: gift nifty, nifty, dalal street, monday, market opening, indian equities, foreign portfolio investors, rupee, money, business
## GIFT Nifty signals positive start
GIFT Nifty on the NSE IX traded higher by 133.5 points, or 0.59 per cent, at 22,624.5, signaling that Dalal Street was headed for a positive start on Monday.

> GIFT Nifty on the NSE IX traded higher by 133.5 points, or 0.59 per cent, at 22,624.5, signaling that Dalal Street was headed for a positive start on Monday
## Nifty technical analysis
Technically, Nifty continues to remain in a weak corrective structure, trading well below the 50-Week EMA around 24,146, but the 200-Week EMA at 22,380.81 provided important cushion.
## Foreign portfolio investors activity
Foreign portfolio investors net sold shares worth rs 9,484 crore on Thursday while DIIs were net buyers at rs 10,041 crore.
## Rupee weakens
The Indian rupee dropped to its weakest level in two months as global bond yields surged to decadal highs and oil prices jumped.
## Global market reactions
Asian stocks rose after softer US jobs data reduced pressure on the Federal Reserve to keep raising interest rates while oil prices slipped.
## Nifty weekly decline
The Nifty extended its losing run to an eighth straight week with a 3.1% weekly decline.
## India VIX rises
India VIX, which is a measure of the fear in the markets, rose 0.5% to settle at 13.49 levels.
## F&O ban list
Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.
## Key takeaway

GIFT Nifty trades higher by 133.5 points at 22,624.5, indicating Dalal Street will open positively on Monday.