GIFT Nifty indicators signaled a possible positive opening for the Nifty50 index, despite negative global trends. Futures traded at 24,112 points, showing a rise of 44 points.
Most Asian markets closed in the red on Thursday morning. This was due to the fall in global semiconductor sector stocks and increased geopolitical tension in West Asia. Japan's Nikkei 225 and South Korea's Kospi fell by 3.24% and 7.3%, respectively.
Meanwhile, the Dow Jones Industrial Average and S&P 500 showed gains of 0.29% and 0.38% overnight. The Nasdaq Composite finished the session with a gain of 0.62%.
Crude oil prices rose slightly after the US initiated new military operations in response to Iran's attack on tankers in the Strait of Hormuz. The July contract was valued at $85.5 per barrel, an increase of 0.6%.
Precious metals traded lower on Thursday, continuing recent weakness. The spot price of gold fell by 0.4% to $4,045 per ounce, after a modest rise of 0.2% in the previous session. Spot silver also decreased by 0.6%, reaching $57.4 per ounce, after falling by 1.5% on Tuesday.
On Thursday, the third day of subscription, Initial Public Offerings (IPOs) from SBI Funds Management and Alpine Texworld will open. These companies plan to raise ₹981.291 crore and ₹126.25 crore from the primary market. Today also marks the end of the subscription period for the Millworks Technologies IPO, which is a book-building issue worth ₹160.34 crore and consists solely of a fresh issue.
Additionally, Laser Power & Infra will be listed on the exchanges on Thursday. Its IPO, amounting to ₹742 crore, was subscribed 41.05 times on the last day of subscription.
According to Stock Market LIVE data, the GIFT Nifty index signaled that Nifty50 would open with a significant decline. Most Asian markets continued the downward trend.
The first publication of stock market updates took place on July 14, 2026, at 8:03 AM IST.
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