GIFT Nifty Signals Strong Opening for Sensex and Nifty

GIFT Nifty surged 150 points on August 20, indicating a positive start for Indian equity markets following a rebound in Asian indices and lower US bond yields.

Investors are closely monitoring global cues, including the impact of US Treasury buybacks on market liquidity and the ongoing volatility in crude oil prices.

Analysts expect the Sensex and Nifty to maintain upward momentum as domestic sentiment improves, despite lingering concerns over elevated inflation levels reported in recent FOMC minutes.