Economy
GIFT Nifty Signals Positive Start for Indian Markets After Rebound
Moneycontrol1h
THE BRIEF
1
GIFT Nifty surged 125 points on September 3, 2026, signaling a recovery for the Sensex and Nifty after a three-day losing streak.
2
The rebound is supported by a recovery in Asian markets and a slight cooling in global crude oil prices, which had previously pressured banking and IT stocks.
3
Investors are now closely monitoring upcoming US jobs data, which is expected to influence the Federal Reserve's interest rate trajectory later this month.