Stock market outlook today, 29 Oct: Sensex, Nifty prediction - DJIA, S&P, NASDAQ, GIFT Nifty, Kospi, Nikkei, Taiwan cues
The Indian stock market is expected to open higher following positive signals from GIFT Nifty, despite recent volatility and concerns over US Federal Reserve policies. Analysts note that while Asian markets are performing well, investors remain cautious due to high crude oil prices and bond yields.
Why it matters
Market performance in India is currently sensitive to global macroeconomic factors, particularly US monetary policy and energy costs.
Stock market prediction for Thursday, 29 October, 2026: The Indian stock market is likely to open on a higher note, as GIFT Nifty signalled positive start on Thursday, 29 October.
Meanwhile, Asian markets traded broadly higher, while US stock futures remained choppy and and rangebound after US Federal Reserve maintained status quo.
“Indian equities are likely to open mildly higher, with GIFT Nifty trading near 22,750. However, the opening gain may remain selective unless the Nifty decisively crosses 22,800, as the Federal Reserve’s policy message, elevated crude and high US bond yields continue to restrict broader risk-taking,” said Hariselvan Radhakrishnan, Founder & CEO of HST Wealth.
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Headlinne story · 3 newsrooms
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