From mint · Vaamanaa Sethi · · 1m 40s
Stock Market Outlook: Sensex, Nifty Prediction
Indian markets likely to open green as GIFT Nifty futures rise 50 points.
In brief
Indian markets likely to open green as GIFT Nifty futures rise 50 points. Indian stock indices expected to open positively with GIFT Nifty trading above 22,600, signaling early recovery after eight consecutive weeks of declines. Originally reported by mint.
Stock Market Outlook Today
Stock market prediction for Monday, 5 October, 2026: Gift Nifty was trading around the 22,580 level, up nearly 50 points from the Nifty futures’ previous close.
Indian Market Outlook
Indian equities are likely to open on a cautiously positive note, with GIFT Nifty futures trading above 22,600 against the Nifty 50’s previous close of 22,422.
Market Context
Asian markets traded higher on Monday, while US stock futures closed in green on Friday last week.
Ponmudi R's Analysis
Softer-than-expected U.S. employment data has eased some immediate concerns over further Federal Reserve tightening at its October meeting, offering support to global risk appetite.
Sensex Performance
The Sensex ended the session at 71,909.70, declining 570.59 points or 0.79% as persistent selling pressure extended the market’s recent weakness.
Nifty 50 Outlook
The Nifty 50 witnessed a sharp correction following eight consecutive weeks of decline, testing a crucial long-term moving-average support zone around 22,400, 22,600.
Technical Analysis
Sachin Gupta identified the 71,000, 71,200 range as a key support zone for Sensex, while resistance is seen at 72,300, 72,500.
Nifty 50 Technicals
Ajit Mishra noted the Nifty 50 approached its previous major swing low of 22,182.55 before ending the session at 22,421.95.
US Market Performance
Dow Jones Industrial Average rose 250 points, or 0.5%, to close at 51,176.46 on Friday.
The essence
Indian stock indices expected to open positively with GIFT Nifty trading above 22,600, signaling early recovery after eight consecutive weeks of declines.
