GIFT Nifty in Green on Jan 2, 2026: How Is the Indian Stock Market Likely to Open Today?

Indian equity benchmark indices Sensex and Nifty 50 were likely to open on a subdued note on Friday, January 2, as market participation remained light following holiday closures across major global markets.

Gift Nifty Today

Early signals from GIFT Nifty suggest a flat-to-mildly positive opening for domestic equities. Gift Nifty was trading at 26,314, up 23 points or 0.09%, compared to the previous close of Nifty futures, pointing to limited upside momentum at the start.

Asian Markets Turn Cautious

In the case of Asian markets, trading activity remained thin as several key regional markets, including Japan and China, were shut for holidays, while South Korea opened later than usual.

Domestic Market Recap

In the previous session, Indian markets ended mixed on the first trading day of calendar year 2026, with investors preferring stock-specific moves in the absence of fresh global or domestic triggers. The Sensex slipped 32 points, or 0.04%, to close at 85,188.60, while the Nifty 50 edged up 17 points, or 0.06%, to settle at 26,146.55.

Global Market Highlights

Wall Street remained closed in the previous session due to the New Year’s Day holiday, adding to the lack of global cues for domestic markets.

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Conclusion

With limited global participation and no major triggers, Indian markets are likely to take cues primarily from Gift Nifty, which signals a cautious yet slightly positive start. Overall market direction may remain range-bound amid thin volumes.

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